Birchtree's Account Talk

Sort by newest Sort by date
:mad: The I fund was devalued again today? - I am about done with it...I could have had a V8, and about .22% more gains.
 
FAB1 said:
:mad: The I fund was devalued again today? - I am about done with it...I could have had a V8, and about .22% more gains.
Click to expand...

Even though there is the potential to make more in the I fund because the foreign markets have done so much better than ours, the volitility of the fund and the manipulation of it's value drove me nuts. I won't touch the I fund anymore.

Good Luck.
 
law 87, ArchAngel,

There are no secrets to picking dividend paying stocks - they're every where you look. I've had many this year that have announced increased payouts. Just this morning UDR and DUK announced increases. Currently I never see the income - it's reinvested to buy me more shares. I have a long market value of $63K in EP and it only pays me $47/year - but I have a $30K profit with the potential of another $30K with ten more points. I suspect that EP will eventually reestablish their dividend payout. Utilities, REITs, pipelines, oil and gas, there are just so many to choose from.
 
I say let the fools on Wall Street sell everything and anything they want - I'm holding my base intact. The week started out nicely: +$24K, +$102K, -$19K and I'll probably give up my gains today. So bring on the panic capitulation - at least I have a few dividends due today to be reinvested. As the man said, we need to see folks start to hate this market and get totally bearish. That would be the best thing for the bull market we're still in for now. There is a big difference between being hit hard and being knocked out. Don Hays Advisory says the bull market is destined to continue strongly for many more years. Hard to believe that on a day like today for sure. The bull market will power higher as long as people don't start buying into it in droves and as long as the prevailing belief is that it's a cyclical bull within a secular bear. Snort!
 
Birchtree said:
I say let the fools on Wall Street sell everything and anything they want - I'm holding my base intact. The week started out nicely: +$24K, +$102K, -$19K and I'll probably give up my gains today. So bring on the panic capitulation - at least I have a few dividends due today to be reinvested. As the man said, we need to see folks start to hate this market and get totally bearish. That would be the best thing for the bull market we're still in for now. There is a big difference between being hit hard and being knocked out. Don Hays Advisory says the bull market is destined to continue strongly for many more years. Hard to believe that on a day like today for sure. The bull market will power higher as long as people don't start buying into it in droves and as long as the prevailing belief is that it's a cyclical bull within a secular bear. Snort!
Click to expand...


thats a good line
 
Probably shoulda took a bite of your I fund today, but I passed. I'll just wait for one those -3% before noon days. You really gotta watch that fund, it'll bite you like an angry dog if you miss it by a day. When pops back it, it is glorious.
 
I'm just sittin on the dock of the bay watching time slip away. I'm reminded that every dog has his day. This nonsense won't last much longer.
 
Yes, please beat me and beat me some more. Mash my hooves and pull on my horns becaus this next upleg is going to make me some serious money. I'll take the pain as the Grand Trunk rolls over me. Time has come today.
 
Well that was a nice turn around on good volume. At one point my oceanic was down -$62K - but as life would have it: +$24K, +$102K, -$19K, and -$2K helps me hold my gains. Tomorrow could be the tell - give me an +$80K gain and I'm happy. I'd settle for another +$100K but twice in one week is pushing. My tugboat (TSP) is holding the line for now.
 
Yesterday we had almost a 400 point turn around - another one would be a stretch to reach for touch. A close above SPX 1295 would confirm the hammer candlestick reversal and would be even more bullish. MACD shows a buy signal. I think yesterday was a selling climax - a positive close would be beneficial for next week.
 
Birchtree said:
Yesterday we had almost a 400 point turn around - another one would be a stretch to reach for touch. A close above SPX 1295 would confirm the hammer candlestick reversal and would be even more bullish. MACD shows a buy signal. I think yesterday was a selling climax - a positive close would be beneficial for next week.
Click to expand...

Since SPX won't close above 1295 does that mean the downtrend is still in place?
 
Speaking from a general sense who knows - probably another bounce to nowhere. But then again I'll have more dividends next week to reinvest so I'll take what ever comes my way. You just have to be patient until the selling passes and it will. My oceanic did ok this week - here is what happened: +$24K, +$102K, -$19, -$2K, -$29K for a gain of +$76K. All I know is that when the turn up arrives I'll be there. And very few will believe the turn up is real - it always happens that way.
 
Birchtree said:
"Standing pat and riding across the last bull market crest was much like Thelma and Louise driving off a cliff into the abyss. The speed and velocity of the ferocious decline that ensued in the 17 months following was simply unmanageable for the vast majority of market participants to effectively deal with." Birchtree was one of the last men standing.

http://www.safehaven.com/article/21455/market-journal-bumps-in-the-road
Click to expand...

Nice ride you got here Thelma. Or do you prefer Louise?

At what percent of wide-open would you gauge recent market acceration to be?

This is where sticky pants come in handy right?
 
You must log in or register to reply here.

Similar threads

TommyIV
  • Article Article
TSP Talk AutoTracker Insights: TSP Investors Lock in Gains
Replies
1
Views
739
tsptalk
tsptalk
tsptalk
Problem with IFTs on Monday morning
Replies
3
Views
377
FireWeatherMet
FireWeatherMet
tsptalk
  • Article Article
The winning streak finally ends as stocks dip to start the week
Replies
0
Views
197
tsptalk
tsptalk
J
TSP beneficiary question
2
Replies
25
Views
1K
nasa1974
nasa1974
tsptalk
  • Article Article
If there is a wall of worry out there, stocks are clearly still climbing it
Replies
1
Views
146
nasa1974
nasa1974
Back
Top