Birchtree's Account Talk

[Birchtree]

"The BOJ is also ramping up its purchases of financial instruments linked to stocks and the property market, to lift prices in those sectors and encourage other investors to follow." I think the individual stocks in the I fund will eventually find reality - especially the Japanese shares.

 

[Birchtree]

My oceanic account started out the first week of April in the briar patch: -$67K, -$27K, -$91K, +$20K, +$15K for a give back of -$150K. Perhaps I'll get some of that back this week. So why is GE buying LUFK for $88 a share - will other sector members come into the clearing for purchase. I have a goodly number of oil service stocks that I'm willing to allow a takeover at nice premiums.

 

[Birchtree]

"Japan's stocks bull market almost no one loves."

http://www.marketoracle.co.uk/Article39858.html

 

[rcknfrewld]

then why has the I fund been languishing this year...I thought it had major holdings in Japan

 

[Birchtree]

When you look to the future don't look straight ahead but rather around the corner - I think we'll see rotation into Japanese stocks because of export profits and the I fund will benefit. Sometimes you have to sacrifice immediate gratification for a higher profit potential into the future. Large cap internationals will see their day.

 

[Birchtree]

Gosh, it sure is fun to romp with Ferdinand in our uncharted Dow territory - just wish I had more money to buy my wall flowers. My time will come I'm sure.

 

[Birchtree]

Last Wednesday when the Dow lost 111 points my oceanic account gave up -$91K - sure would be nice to make that back today, but it never works like that. Consolidations in a bull market are sharp and fast and then it takes time to get it all back. But the potential is there for that kind of a daily gain. Snort.

 

[Birchtree]

When I looked out this morning toward Ferdinand's pasture there was a rolling mist approaching. As it got close I recognized a pungent odor. It was the sweet smell of superlative bull manure and it will waft across the board today. Be in to win. I'm patiently waiting on my opportunity to further leverage my life - the more debt accumulated the better - isn't that just so contrary to normal thinking. It takes money to make money and I need more of it to push my equity gains to the stratosphere.

 

[Birchtree]

After about two minutes into Obama I had to graciously put him on mute - my tender ears can't stand anymore of his lies. Four more years of no leadership is fine with me.

 

[Birchtree]

I'm feeling the excitment of trading in uncharted territory - there is certainly a sense of animal spirits ready to kick this market past Dow 15,000 and SPX past 1600 - the only problem is I can't chase while wearing my slippers. But my opportunity is fast approaching and then I'll graze on multiple wall flowers with multiple heavy dollars.

 

[FAB1]

surprised to see many on the tracker taking one.day gains...guess they know we close over 1580 right?. Sheet..it was a long wait ro get bere why go away so soon?

 

[Birchtree]

Chaulk it up to inexperience of riding Ferdinand - the financial crisis of 2008 still brings bad dreams for many. Never look back is what I say.

 

[Birchtree]

The Dow is currently up +142 - how much higher. Don't ask me because I don't have a clue but I am bolted into this rally and will stay long for several more years - that's my discipline and it will make me wealthy. I've been watching my hawk today - she appears to be feeding her youngsters but I haven't seen any babies yet.

 

[Birchtree]

This is so cool.

PRAGMATIC CAPITALISMBullish Sentiment Declines - PRAGMATIC CAPITALISM

 

[wavecoder]

oh snap alltime highs once again, so much hoof dust i can't see my nose son

 

[Birchtree]

This most hated rally is going to really crank up at any moment - there is no place else to invest unless you want to venture into real estate. Dow 20,000 is probably on the not too distant horizon. If we don't see a serious correction greater than 10% who knows how high we can go - party like it's 1995 when there was essentially no give backs all year. Money is flowing like wine.

 

[MrBowl]

It takes guts to stay in and go toe-to-toe with all of the negative news and the experts that are sure we are going to correct immediately. The market seeks the path of maximum frustration and that course this time around is clearly up into uncharted territory. Thanks for your constant encouragement for the folks here to ride the rocket. Days like today are a nice payoff.

 

[Birchtree]

Make no mistake - Ferdinand will cause some remarkable pain at some point - but one has to enjoy the pain. I've been run over by the Grand Trunk many times because I was playing on the rails or running in front of the train - but I always feel refreshed when I get up, brush myself off, and start again. Staying the course as a buy and holder is the best strategy for my family. I see tremendous opportunity going forward and Ferdinand will make me wealthy - that I know.

 

[JTH]

CNBC's Fast money talks about the DCA approach.

[video]http://video.cnbc.com/gallery/?play=1&video=3000160284[/video]

 

[Birchtree]

We are having another rally in the Nikkei this evening - +197 to 13,485. This could be a pleasant harbinger for tomorrow.