Birchtree's Account Talk

[law87]

The small caps have been soft the last two trading days - tomorrow could return some vigor. If so my oceanic expectation is for a gain of around $40K - especially if money rotates back into energy.

will you adopt me?

 

[jpcavin]

will you adopt me?

Stand in line!:laugh:

 

[Birchtree]

If I can get a real good day tomorrow with small caps leading I could potentially buy stocks all next week. I have 27 purchases remaining on my current list. Since 7/31/2010 I've made 583 individual purchases with no end in sight. It's time to buy more building related stocks.

 

[Birchtree]

http://pragcap.com/david-rosenberg-turns-bullish

http://pragcap.com/bullish-sentiment-rebounds-remains-below-average

 

[Birchtree]

http://www.safehaven.com/article/20798/taking-shelter

 

[jpcavin]

http://www.safehaven.com/article/20798/taking-shelter

How do you avoid a bull trap?

 

[Birchtree]

You avoid a bull trap by doing a JTH and seek shelter. Thus leaving hefty gains on the table. I don't think this is the future so I'm staying fully invested - more risk for me in being out than staying in. I plan to buy all the way up until I get dizzy. I'm hoping we don't correct this secular bull market as we move higher. Time in the market can be more rewarding than timing the market.

 

[burrocrat]

How do you avoid a bull trap?

By not being the cow.

 

[tom1tom1]

Can't catch me.

 

[burrocrat]

I meant 'part of the herd', not 'the cow' there.

 

[Birchtree]

tom1tom1,

The challenge has been issued - we've played this race before. I'm up for it. Now I have to find out why GT is hot today. By the way, sitting in bonds means I'm going to blow your doors off real soon.

 

[Birchtree]

Will the secular bull market be correcting the strong rally that commenced in March 2009, before moving higher? We already had that correction to the tune of 16% - no more of that depth is anticipated. It's safe to open the flood gates. Another 4 dividend increases announced today - pennies from heaven.

 

[Birchtree]

I'm buying some wall flowers early today before they get more expensive: LII, RPM, JNY, PBY, HOS, CR. Let's smoke'em today with another triple digit Dow gain.

 

[Birchtree]

I think I've found my epitaph. It's always darkest before the dawn. It was dark out there - real dark. And yet, we should have all bought more. I bought all I could possibly buy and I'm still doing it. If you are a believer that earnings are sustainable, stocks certainly do not look expensive yet. C'mon Goodyear you can do +3 points.

 

[DAWG51]

Any thoughts on the VIX?

 

[Birchtree]

Here is what my oceanic accomplished this week: -$10K, +$41K, +$10K, +$7K, +$25K for a total gain of +$73K. I did pick up some more flower power that will be spent Monday. All I need now is to make $24K and I'll make my $2M from the March '09 lows in 113 weeks. The next $M will come in 40 weeks.

 

[Birchtree]

http://www.safehaven.com/article/20804/when-could-the-bull-market-come-to-an-end

 

[Kaufmanrider]

Here is what my oceanic accomplished this week: -$10K, +$41K, +$10K, +$7K, +$25K for a total gain of +$73K. I did pick up some more flower power that will be spent Monday. All I need now is to make $24K and I'll make my $2M from the March '09 lows in 113 weeks. The next $M will come in 40 weeks.

The Tax Man cometh.

 

[Birchtree]

I'm taxed only if I declare a profit and then taxed at 15% as a long term capital gain. I'm trying not to take any profits until later in the year. My dividends will also be taxed at 15%.

 

[JTH]

Congrats, MTD #27, pretty good for a gardener. If the markets go your way I can see me below the bottom 50 and you in the top 20. I see some folks have shifted to the sidelines out of fear. I hate to see people get caught up in the day-today details of what these markets are doing. I find I'm enjoying time outside puffing on my cigars by the pool, and tending to the garden. Life is good when you learn to enjoy what you have....