Birchtree's Account Talk

[Birchtree]

"While noting that Mr. Tepper was not just another bull, Mr. Vera said his remarks echoed what some in the market had believed: that many big investors are still reluctant to join the rally and will push stocks even higher if and when they do come around. I've never seen so much anger and consternation out there, and how many big asset allocators are telling me they're terrified of the markets. That's all further fuel as that future capital comes begrudgingly into the market." Yea, I need another nice up day.

 

[Birchtree]

I think we are seeing some quiet panic buying going on - not wanting to attract too much attention. There is a +300 point day just around the next corner that will elevate the levels of anxiety of those waiting for a consolidation. Waiting for that bigger bang.

 

[Birchtree]

"Breadth regains bullish footing."

Stocks Could Continue Surprising Ascent | Chris Ciovacco | Safehaven.com

 

[Birchtree]

Lame Duck President Good for the Markets | David Kotok | FINANCIAL SENSE

 

[hotwings]

More fuel for this rally....... In signs that the rally may strengthen from the current levels, the Credit Suisse Fear Barometer, known as the CSFB Index, fell 11.4 points over the past two weeks - the largest decline on record - and is now at a one-year low of 21.73.

"A low CSFB reading is a constructive signal for the market," Credit Suisse equity derivatives strategist Mandy Xu wrote in a note to clients.

 

[Birchtree]

Will today be another day exploring uncharted territory - let it be. The best strategy for most investors is a patient and disciplined approach to investing. I believe time in the market with proper asset allocation is preferable to timing the market. People will say when you are at or near retirement be less aggressive - not me, I'm in for life. Shifting the investment focus at or after retirement reduces the volatility risk of the portfolio but also has a potential impact on future earnings.

 

[Birchtree]

4 reasons why resources stocks are a natural bet - Outside the Box - MarketWatch

 

[jkenjohnson]

Will today be another day exploring uncharted territory - let it be. The best strategy for most investors is a patient and disciplined approach to investing. I believe time in the market with proper asset allocation is preferable to timing the market. People will say when you are at or near retirement be less aggressive - not me, I'm in for life. Shifting the investment focus at or after retirement reduces the volatility risk of the portfolio but also has a potential impact on future earnings.

Well of course it will - I'm not in it!

 

[Birchtree]

Somedays I'm more fortunate than others - today I have 15 dividends due for reinvestment and a little weaker pricing is welcome. This is still a great opportunity for valuations. Hopefully I can start buying financials at the end of next week if we hold our ground.

 

[Bullitt]

The best strategy for most investors is a patient and disciplined approach to investing. I believe time in the market with proper asset allocation is preferable to timing the market.

Roger. Save during the lean years, know your time horizon, and spend time learning something new instead of trying to outfox the market.

 

[Birchtree]

One should remember that the reasons we get paid more as equity investors are the ups and downs we experience in the market. To stay true to your investing strategy, you must act the opposite of how you feel. I don't know when things are going to turn down - no one does - but we need to be opportunistic today. You can't control the actions of the market, yet you can control your attitude and the way you handle the gyrations of the stock market. Now is really the time to be aggressive and risk tolerant - by some happiness.

 

[Birchtree]

I'm watching the IRS hearings - and butts are puckering up and heads are going to roll. Frankly it's about time. Horrible customer service - fire all of them.

 

[TSP-roulette]

Hey BT; since we have a "lame duck" in office can pres pardons be dished out to the cronies in office? If things get worse he might have the gaul to pardon himself.

 

[Birchtree]

It was another good week for my oceanic account - here is what happened: -$23K, +$62K, +$21K, -$36K, +$72K for a splendid gain of +$96K. I'm now up +$266K for the month with only $161K to go to make my monthly goal. Ten trading days left to rock-n-roll and perhaps next week my margin access will open up. I've been patiently waiting like an expectant bull. My buying power may come hard and quick and the larger my debt balance the larger my gains. It would be nice to rack +$200K weeks.

 

[OBGibby]

Birch,

Have you crossed into $3mil mark yet? What will the added margin put you at?

 

[Birchtree]

I anticipate my equity will cinch up to the $3M mark some time in June. When I start spending margin the next +$500K should come quickly. My oceanic has gained +$768K year to date and I have absolutely no idea what it will look like after the Christmas rally. Good things happen to those that wait.

 

[Birchtree]

http://seekingalpha.com/article/144...a-way-to-profit-from-lower-natural-gas-prices

 

[Birchtree]

Amoeba is now 70% in and that is wonderful to see him make some money. You go guy.

 

[Birchtree]

It seems quiet around the board today - has the bull got you worn out or perhaps depressed. Get ready for the next great stock mania, a humongous leg to come in a bull market that will make the old stock bubbles look frail. If you have been sitting on your hands waiuting for the world to collapse you will be disappointed because it ain't happening. But I know you people sitting on your cash are going to rush back into the market and I'll be waiting. Make me money.

 

[Birchtree]

If the morning strength holds then today might be my breakout day for margin accessibility that I've been waiting for. As my buying power builds I'll be buying all the way to the top which may be many years away. I can't imagine the wealth I'm going to acquire - well yes I can but I don't want to be braggadocio.

From Paul Desmond: "You cannot time the market off of fundamental information, because the stock market operates off of expectations as to what is going to happen six months or nine months down the road. In other words, investors don't buy stocks because of what they know today. They buy because of what they think they are going to know six months or nine months from now. So the market is always ahead of the economy. And as a result, if you are trying to look at fundamental information, you are always too late. It's like buying stocks before the recession ends."