Birchtree's Account Talk

So with CSX being under the 50 DMA, it seems like a decent buy...no?

Not sure bro, I only trade sector ETF's and not individual stocks. Looking at the chart though, it's bounced nicely off the 200DMA. I just don't do research on individual companies, TA works better for me when investing broad market / sectors.

Birch would probably know way more when it comes to individual companies

from a TA standpoint that chart looks enticing though. Nice bounce off the 200-day avg, and the down move didn't break the uptrend (didn't make a lower low).
 
Not sure bro, I only trade sector ETF's and not individual stocks. Looking at the chart though, it's bounced nicely off the 200DMA. I just don't do research on individual companies, TA works better for me when investing broad market / sectors.

Birch would probably know way more when it comes to individual companies

from a TA standpoint that chart looks enticing though. Nice bounce off the 200-day avg, and the down move didn't break the uptrend (didn't make a lower low).

Gotcha. I did a lot of reading on seeking alpha about it and there are a lot of supporters of the company, especially for the long term. Thanks!
 
The nice thing about an IRA traditional is that you can hold an equity for three days or three years and it's all treated as ordinary income - plus there is no required paper work for schedule D. A Roth IRA is even better with no taxes at all and no required minimum distributions - which is great for an heir.
 
We'll probably continue to see rotation in and out of individual stocks creating a market of stocks in 2014 - I view this as healthy. I think we may take out the SPX 50 SMA tomorrow and then there is no longer any overhead resistance all the way to 1848 and beyond. I'm psyched for February to make me some money.
 
Ah, are we currently placing the infamous kangaroo tail - probably. Best to just hang tight and play the rope a dope strategy. This too shall pass - but it does provide for some interesting golden prices - I'll be buying with my dividend income for months to come - not ready to harvest any capital gains just yet. The lower the prices the more shares I can accumulate and then the higher my next payout. Slow money seems to be more consistent than trying for fast money. In the mean time every day that rolls on the more shares I collect for my income stream - that's very satisfying.
 
Darn I'm having some difficulty with emotional angst today, not because the market may fall further, but because we could be looking at new all time highs once again in February. Well what's wrong with that you say - my greed factor wants my 163 dividends to be reinvested at the best golden prices. But if we print new all time highs my margin will be kicking big money in my direction - that means ample buying power to collect many wall flowers at my discretion. So the sacrifice is to have the market trend sideways and then at the end of March it will be welcomed to explode higher pushing me toward the moon as we exceed escape velocity. At any rate there is nothing I can do but ventilate - but I do feel a smidge better - thanx.
 
BT
Parden my ignorance. The I-Fund price looks inviting. Two questions- why do you think its lagging and why are you so heavily invested as compared to C and S funds? thanx
 
I approach my investing as a family unit. My wife has her defined contribution plan currently in a large cap S&P 500 index fund, my oceanic account is composed primarily of small cap stocks (90%) or so, and my tugboat account (TSP) is holding large cap foreign stocks. This way I'm diversified across the spectrum. Plus, I'm a buy and hold perma bull and keep my sticky pants on all the time. It takes a lot to make me budge from my positions. The German Bundesbank is going to hold strong on their QE program - Europe is going to explode.
 
It was not too bad a week even with all the volatility: -$43K, +$64K, -$56K, +$70K, -$30K for a resounding gain of +$8K. On the month, however, the oceanic was not pretty at all with a total give back of -$200K. Now we can start the slow grind back to the trading ranges during February and March to allow me to collect my dividend reinvestment wall flowers. The unrealized capital gains will return on their own volition. I'm currently more interested in capturing more income stream and these golden prices are purrfect.
 
Well I did ask for more pain and here it is. It's all good because I'll get mucho golden prices and even more shares with my dividend income stream.

Retire
 
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