Thread: Birchtree's Account Talk

The oil and related sectors are being hammered again like fine silver - after the first of the year I'm going to further load up the truck. We'll be back to $90 oil by the end of 2015.

Originally Posted by Birchtree

Since no one is paying attention I believe I can get away with these comments. You can tell the board is full with young, inexperienced investors as they're paranoid about a fall. We older experienced rich gents have seen it all before...we know when stocks fall that's the best of time's, every thing is on sale.

If only I had been wise enough to listen back when the S&P hit 666. You made the same sort of statement then. At the time I did not realize what the endless printing of currency by the FED would do to stock prices. I get it now, but it seems the printing is going to come to an end soon. Any thoughts

Originally Posted by Birchtree

The oil and related sectors are being hammered again like fine silver - after the first of the year I'm going to further load up the truck. We'll be back to $90 oil by the end of 2015.

Bold prediction. I'm not so sure we will see $70 oil in 2015.

I'm afraid once Putin starts to play nice there will be a dramatic shortage of oil again. Crushing oil prices is squeezing his economy. Once the politicians from Russia and the Ukraine resolve the land bridge issues from Russia to Crimea I think oil prices will climb very quickly. BT what oil stocks are you tracking?

[QUOTE=guppie;483217]I'm afraid once Putin starts to play nice there will be a dramatic shortage of oil again. Crushing oil prices is squeezing his economy. Once the politicians from Russia and the Ukraine resolve the land bridge issues from Russia to Crimea I think oil prices will climb very quickly. BT what oil stocks are you tracking?[/QUOT

If I tried to answer that question I'd be here all day - if it smells like oil I want to own it.

Fair enough. thanks, jt

Taking Off in The Rain | Erik Swarts | Safehaven.com

How I remember 1982 so well - I made good money off that low by being a contrarian.

My oceanic account did manage to pull in a few diollars this week: -$3K, +$53K, +$3K, +$41K for a measly gain of +$94K. Many dividends due next three trading days and some are oil related so that'll be beneficial for Kwanzaa celebration. The market is technically ready for a big run into next summer.

Originally Posted by Birchtree

My oceanic account did manage to pull in a few diollars this week: -$3K, +$53K, +$3K, +$41K for a measly gain of +$94K.

Must be nice to be able to speak so lowly of a hundred thousand dollars!

"The Dow/s crossing of 18000 is the latest milestone in the nearly six-year bull market. The move to 18000 was the fifth quickest 1,000 point rise for the blue-chip index. It has been 119 trading days since blue chips broke 17000. The fastest 1,000 point rise was in 1999, when the Dow jumped o 11000 in just 24 trading days." We are currently sitting at +982 points in 7 trading days - only need 18 points for an 8 day period for a record. Will it happen today? "In 2014, robust economic conditions in the U.S. have combined with sioftening global growth and expansive central bank policy to create an unusualk sight: record stock indexex alkongside ultralow Treasury yields." When will the Dow RSI hit 80%. The market is set in rally mode into next summer. But remember this market is likely to suck everyone in no matter how stretched everything becomes and no matter how great the risk of being cast into perdition in the pyroclastic collapse to come. I'll take my chances for another +$1M in 2015.

bubble prediction for 2015 = $$$$$

A FEW GUESSES FOR 2015: and a brief comment on biases - Smart Money Tracker