Birchtree's Account Talk

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Like a dumb fool, Monday I'll be losing money in the G and F funds. I had a good thing going with my C and S funds until IFT Friday morn.
 
Handballer said:
Like a dumb fool, Monday I'll be losing money in the G and F funds. I had a good thing going with my C and S funds until IFT Friday morn.
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How do you know already that you will be losing money on Monday? Futures aren't updated yet and as we know you can't base anything off of futures. You also can't lose money in the G fund and the F fund seems to move slowly so you may not be losing money, but you could possibly miss out on an opportunity to make money.
 
I should be thankful that my oceanic only gave back -$9K today - that leaves me -$1K in the hole for July. Everything now rests with tomorrow. Trying for a positive month on the close. I'm slowly climbing the tracker again - been at 6% several times this year and keep sliding down the greased pole. With the price of natural gas increasing because of the hot weather, perhaps my coal holdings will show some life.
 
There were 600 million people in India left in the dark because of an energy shortage - they need more coal. Well have I got the solution for them - I've got plenty of coal I can sell them immediately. Keep the coal industry healthy by increasing exports to people that appreciate coal.
 
My oceanic account ended up with a -$27K devaluation for the month of July - perhaps August will be more positive. At least the dividend income for reinvestment is still flowing and growing. A dividend increase announcement today from Valero (VLO) will help - that makes 94 increases this year so far. If the dividend momentum continues the gains will be sweet. Every time I reinvest a dividend into more shares there's a larger payout three months later. I own a self-feeding system which will continue to grow for years as long as capitalism rules. Snort.
 
It would appear that Super Mario is mostly talk rather than do - now the Fed is free to go with QE3. The VIX is telling Mindylou we will rally once the nonsense settles.
 
Well it looks like August is going to be a side ways motion - that's ok because my small blessing is I have a total of 62 dividends to be reinvested at perhaps golden prices. 7 dividends paid yesterday and another 7 will pay today - so bring lower prices if the market is so inclined. I'm not going to cut and run but rather sit tight and take my medicine.
 
Yup my theory is that slow, dull, and boring gets the prize - I just have to be patient. We are in a rally that no one has any confidence in and that's just the way it should be. Fed or no Fed I'm stayin right where I am at 20C and 80I. I may raise some cash next week to DCA some of my recently battered wall flowers - the pricing is just golden.
 
I had to laugh at your humorous comment. The picture of the "birchtree" in the mirror was a nice touch.
 
Five more points to go on the SPX for 1395 - if we were to get a weekly close above 1395 the bearish expectations will be totally false and a new rally phase will be initiated. The cycles are turning up.
 
Currently my oceanic account is -$112K on the week - I'm up +$96K right now so the question is will I break even on the week. It's early yet so odds are in my favor if the rally momentum continues. My position in MCP is getting hammered so I added to it this morning. Bring on the hoofhearted buyers.
 
Just finished listening to Romney - he certainly inspires me. I don't even give mendacious Barry a chance any longer - he goes directly to mute.
 
Well some days it does pay to get out of bed. My oceanic account was saved today, here are the details: -$9K, -$26K, -$27K, -$50K, +$100K which still leaves me with a devaluation of -$12K - but I won't complain. For those new members unfamiliar with my oceanic account this is a mutual fund that I have built over the years to supplement my retirement lifestyle, I call it the Birchtree 300 because it holds over 300 individual stocks. I also am in the process of building a back door escape portfolio called the sacrificial lamb chop account. This portfolio will be used to cover my next margin call. My TSP account is my tugboat reference and currently is in a buy and hold mode at 20C and 80I. So I'm looking for a strong August to propel my gains forward.
 
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