Birchtree's Account Talk

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It was another week of bull tinky landing on a flat rock. Here is how my oceanic performed: +$14K, +$11K, -$63K, +$9K, -$19K for a give back of -$48K. It could have been worse. My desire for a +$500K month is most likely gone - now if I can just hold onto my already +$319K gains I'm a happy camper. It'll be interesting to see how the next three trading days treat me - with explosive gains or gentle give backs. Summer investing is so much fun.
 
Today would be an opportunity to reach down and scoop up some fertilizer stocks: CF, MOS, POT, IPI if only I had some extra buying power - still waiting.
 
Birchtree said:
It was another week of bull tinky landing on a flat rock. Here is how my oceanic performed: +$14K, +$11K, -$63K, +$9K, -$19K for a give back of -$48K. It could have been worse. My desire for a +$500K month is most likely gone - now if I can just hold onto my already +$319K gains I'm a happy camper. It'll be interesting to see how the next three trading days treat me - with explosive gains or gentle give backs. Summer investing is so much fun.
Click to expand...

Are you saying you make about $500,000 dollars in a month or so off stocks?
 
Yes, I had high hopes of a +$500K month for July in my oceanic account - now if I can hold above +$300K I'll be very pleased. In 2012 August gave me +$112K and I'd like to do better than that in 2013 August. So we'll see what the investment goddess brings my way. I'll probably end up with a negative month but will remain fully long with this bull.
 
BMB (Big Mouth Barry) will not stay out of my face - now he wants to offer mendacities regarding taxes and jobs - hardly worth watching. It's always the same old socialist and multiculturalist bull tinky. The boy doesn't have a clue....
 
Well Mother of Dragons it would appear the Fed is going to pump my Birchtree 300 for another couple of years. That's great - I like making money and money likes to make more money. SPX 1700 will fall at any moment and then step away from the door because here comes mom and pop to push us higher. Perhaps August may be hotter than July - but I'm not going to push my luck and ask for +$500K - I'll settle for whatever the market goddess brings.
 
Oops there goes another rubber tree plant - I had high hopes that the last three trading days would help my account, but no, it left me in the hole: -$35K, +$7K, +$17K for a give back of -$11K. That leaves my July month gain of +$308K. My January gain was +$304K - so what will August bring - more happy tunes is my bet. My oceanic account is now setting at +$800K for the year so far - now if I can just hang on to those gains for the next five months - or double my gains. Only the Shadow knows for sure. I suspect my margin availability will open up in the next several weeks and then it's buying time until I drop. Snort.
 
Here's a peek at my last five months of 2012 for my oceanic account. Aug.+$112K, Sept. +$153K, Oct. -$1K, Nov. +$48K, Dec. +$200K for a gain of +$512K. This demonstrates the potential I may be looking at for the remainder of 2013. If mom and pop come cruising to the rescue and I get access to some extensive buying power who know where the limit resides. I'll just play things as they go - but I don't plan to do any selling this year. I'm trying to keep my AGI low for taxes and give the minimum to Barry. All the numbers seem lined up for this mega trend secular bull market to really stampede and if that happens it'll be dollars from falling on cedars.
 
The Shadow? How do you come up with all this trivia? I though the mind is the first thing to go when you age.
 
FWIW - The Russell 2000 (R2K) is up 23% this year and has risen 31% over 12 months. The large-cap S&P 500 by comparison, is up 18% in 2013 and 22% since this time last year. To my sensibilities small-caps are looking more and more unattractive - but it is your money.
 
There is no growth potential going forward in bonds - the play on a weak economy is over.

I'm betting today that the Dow makes more positive gains than the Transports. The Transports are currently +147 down from an earlier +184. The day is early yet.
 
Birchtree said:
FWIW - The Russell 2000 (R2K) is up 23% this year and has risen 31% over 12 months. The large-cap S&P 500 by comparison, is up 18% in 2013 and 22% since this time last year. To my sensibilities small-caps are looking more and more unattractive - but it is your money.
Click to expand...

Small caps typically perform better than large caps in a raging bull market. Are you saying it's getting a little frothy?

Didn't think so.
 
I'm saying valuations are getting stretched and it may be time to further shift to the large caps for the next several years as the emerging markets turn up. Companies in the S&P 500 get 34% of their revenue from abroad. Firms in the R2K earn about 20% of their sales overseas.

Relative Strength Indicator: Points to Market Top | Guy Lerner | Safehaven.com

Run while you still have legs - don't be the last member standing - leave that to me.
 
No running, no pushing, no shoving. Gee, you sure are bossy.

I'll be glad to ride along the gravy train through this blow off top.
 
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