Birchtree's Account Talk

[Birchtree]

Some new highs today and the Dow is only 40 points away from the 2011 high. Don't fear new highs, figuring they mark an end. They are more often new beginnings.

 

[Mapper]

Thanks for the link, I'll have to check that out later.

Some new highs today and the Dow is only 40 points away from the 2011 high. Don't fear new highs, figuring they mark an end. They are more often new beginnings.

The air is definitely getting thin up here.

 

[Birchtree]

"There is one thing that never changes in the investment world. When you buy solid companies and reinvest the dividends you can build true wealth."

http://www.marketoracle.co.uk/Article32929.html

 

[Birchtree]

Futures are racheting upward this evening - if we get a triple digit gain tomorrow Mindylou and I will dance the Watusi.

 

[MaStA]

Futures are racheting upward this evening - if we get a triple digit gain tomorrow Mindylou and I will dance the Watusi.

Why is it taking TSP so long to update our earnings for today? They are probably trying to figure out how many pennies per share they can charge us today or however that crap works lol.

 

[Birchtree]

"The word from Wall Street is clear. It's time to lighten up on U.S. stocks."

http://blogs.marketwatch.com/thetell/2012/02/01/why-u-s-stocks-could-soar-another-15-in-2012/

 

[RealMoneyIssues]

bad link

 

[MrJohnRoss]

"The word from Wall Street is clear. It's time to lighten up on U.S. stocks."

http://blogs.marketwatch.com/thetell/2012/02/01/why-u-s-stocks-could-soar-another-15-in-2012/

Uh oh. Never heard Birch use the words "time to lighten up". Is the party over???

 

[Birchtree]

I fixed the link - but you might not want to read it though.

 

[RealMoneyIssues]

I fixed the link - but you might not want to read it though.

Doesn't matter to me, up or down, I am just tired of the FED screwing with the dollar...

 

[MrJohnRoss]

"The word from Wall Street is clear. It's time to lighten up on U.S. stocks."

http://blogs.marketwatch.com/thetell/2012/02/01/why-u-s-stocks-could-soar-another-15-in-2012/

You get today's prize for most misleading headline....

 

[RealMoneyIssues]

You get today's prize for most misleading headline....

Yeah, I ignored it. BT only puts out bullish stuff, so I knew it was BS (aka Bull Stuff).

 

[SPN46er]

"The word from Wall Street is clear. It's time to lighten up on U.S. stocks."

http://blogs.marketwatch.com/thetell/2012/02/01/why-u-s-stocks-could-soar-another-15-in-2012/

I see what you did there...I was starting to wonder if our community permabull was feeling well this morning

 

[Birchtree]

"Stock market bulls and bears do battle at S&P 1325."

http://www.marketoracle.co.uk/Article32942.html

 

[Birchtree]

Give me my melt-up day with a +300 point game to crush the remaining bears - money mangers are scrambling to get through the door. The anxiety of missing the train can be greater than the pain of the downside. At this point thanks to the Fed stocks are significantly undervalued relative to bonds. I now have 18 dividend increase announcements so far this year. Once the VIX stabilizes below 17 into the 16 level panic buying will get intense. Snort.

 

[Birchtree]

It feels like rolling thunder could kick in at any moment. "For the past two years, I've advocated investing in high quality, dividend paying stocks, and I continue to recommend these as the bedrock of a portfolio."

http://www.marketwatch.com/story/risk-aversion-ad-absurdum-2012-02-02

The oceanic portfolio is only $6K away from a $100K day - bring on the hoofhearted.

 

[Birchtree]

Come back Robo - where are you. I need a little Don Hayes and some Steven Jon Kaplan.

 

[Birchtree]

I'll be adding to some of my bank stocks on Monday - now that bonds are starting a sell off. Bernanke is forcing inflation back into the financial system and yields will rise.

 

[MrJohnRoss]

I'll be adding to some of my bank stocks on Monday - now that bonds are starting a sell off. Bernanke is forcing inflation back into the financial system and yields will rise.

Yes, money does have a funny habit of finding it's way to where the best returns are.

 

[Birchtree]

Here is how the oceanic performed this week: -$32K, -$18K, +$72K, +$32K, +$105K for a sweet gain of +$159K. Slowly working my way back to the $2M mark. I may get there by the end of February if this current momentum lasts.