Birchtree's Account Talk

My success since forever can be regaled to my endearing pair of sticky pants - the pockets are bulging full of dollars and I would like to keep'em that way. Sticky pants are a lot cheaper than any premium service and just as rewarding if not more so. I do believe I'm due for a larger pair to handle my future gains that are my earned destiny. I believe Nnuut has a pair he no longer uses and may be for sale. I'm going to donate my old pair to amoeba because he needs help to sit still and that's exactly how sticky pants work.
 
"The lack of obvious euphoria may actually extend the bull market's life. If the S&P hits 2,000, that would mean a total market gain of 195.6% from its March 2009 closing low of 676.53, putting this bull market among the very best of the last 50 years."

Birinyi says we
 
As a speculation I would bet that one of our newest members, Savy Neal, is actually a closet Navy Seal, those guys are so humble and proud.
 
It was another week of good gains for my oceanic account: +$85K, +$45K, +$13K, -$46K, +$12K for a boost of +$109K. In September 2012 I had a monthly gain of +$153K - I'm past that already with a gain of +$216K this month. And with 11 more trading days I'll be satisfied to coast but I think I might just lock another +$200K for fun - this could be my biggest monthly gain yet if I can exceed +$308K. I'm convinced that we are in the early stages of a new multi-decade Supercycle bull market and if we are well this buckaroo is set.
 
It was another week of good gains for my oceanic account: +$85K, +$45K, +$13K, -$46K, +$12K for a boost of +$109K. In September 2012 I had a monthly gain of +$153K - I'm past that already with a gain of +$216K this month. And with 11 more trading days I'll be satisfied to coast but I think I might just lock another +$200K for fun - this could be my biggest monthly gain yet if I can exceed +$308K. I'm convinced that we are in the early stages of a new multi-decade Supercycle bull market and if we are well this buckaroo is set.

Good job BT. It was a good gain for me as well, however, I did move some of my TSP into the "G Fund" yesterday as the market seems a little stretched. I like to have some powder in cash just in case we have a pullback in the next couple of weeks. I did pick up a few more shares of my coal stocks (ANR, ACI, BTU and WLT) today on weakness. Seems like most investors hate coal stocks, however, I still believe there will be a decent rebound down the road for those willing to assume some risk.
 
hotwings,

Promoting my strategy of pain is good I'll most likely add to my KOL position sometime next week - the GOP will arrive to help the coal industry sweat off the EPA and China and India continue to consume energy from coal.
 
the ol'sport is knee deep dreaming right now, but I think he would welcome the golden prices that would accompany a major correction similar to the blip of 2008...see, the market always makes new highs,eventually...and yes 2008 was just another bump in the road just like 1987 was...so long as you don't sell and keep on buying...a long term major collapse would just be shrugged off, for the rewards are meant for the next generation of little birch's anyway...the time to buy is now, the time to sell is never...besides it just feels better being an optimist...doesn't feel quite right rooting against the market
Your awesome and right on the mark!! LOL.. Yes those little birches will be very happy with their daddy! I do like that BT optimism!
 
My success since forever can be regaled to my endearing pair of sticky pants - the pockets are bulging full of dollars and I would like to keep'em that way. Sticky pants are a lot cheaper than any premium service and just as rewarding if not more so. I do believe I'm due for a larger pair to handle my future gains that are my earned destiny. I believe Nnuut has a pair he no longer uses and may be for sale. I'm going to donate my old pair to amoeba because he needs help to sit still and that's exactly how sticky pants work.

Please let me have those ... I have ants in my pants.... I just want to play...:nuts:
 
The 'sticky pants' have served me on occasion when I am able to overcome my predilection to buy high/sell low... This reminds me of the article about sitting still in order to move fast. :)
 
Is today going to be a feeding frenzie? Stock market boldly going where it hasn't gone before. My 17,000 projection may turn out to be too timid. Now that's a real bull. The greed of potential profit is going to spur animal spirits - no more running out of fear to fixed income. This just feels like another one of those rallies that will not give late comers a real pullbasck to safely climb on board. And at some point the bears and late comers will capitulate which creates a rush higher for stocks which then becomes a blow off top. I say you are much better off buying at new highs than at new lows - catch the cycle.
 
Could I please have a +300 point day. If you can't be persuaded to invest in stocks during a period of zero interest rates, low inflation, record corporate profits, pristine balance sheets and cheap valuations, there's probably not much I can say to change your mind. The best strategy to follow is to dollar cost average over time. Investing should never be about moments in time, but should be a process over time. And remember if you don't know who you are, this is an expensive place to find out.
 
It would appear that I have penetrated my margin upper resistance line today - that means buying power is just around the corner. So many wall flowers to buy. I'm reminded that in each of the secular bull markets of the last 110 years, the Dow has gained 500% to 1000% - so I'm going to be buying wall flowers for decades. Trying to 'see' very meaningful change prior to that change becoming a mainstream perception is something almost akin to the Holy Grail in investment management. Perhaps Yellen is the proper catalyst to keep the bull stampeding longer.
 
I'm doing a little dollar cost averaging into my oceanic account: GT, KOL, TEX. We could really blast much higher at any moment. I noticed that the Barron's 400 index put in a new all time high yesterday along with the NYSE composite - more highs on the horizon.
 
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