Thread: Birchtree's Account Talk

Saut: Dow Theory Says Primary Trend Still Positive Though Short-Term Caution Advised | FS Staff | FINANCIAL SENSE

Major Stock Selloff Looms 2 | Adam Hamilton | Safehaven.com

C'mon just bring the stupid thing. I'll just keep on keeping on with my buying.

"Growth has exceeded 3.5% for three of the past four quarters. If expansion greater than 3% materializes for the third quarter, that would mark the strongest stretch of economic growth since 2004 to 2005, the height of the last decades's expansion." I don't think there is anything like a cyclical bear on the horizon.

Party Like It's 2011 | Seeking Alpha

"While the S&P 500 holds a respectable 7.3% gain for the year, the Russell 2000 - the widely followed index for small capitalization stocks - is far behind. The Russell 2000 is down 3.8% for the year and off 7.4% from its most recent high in July, leading some fund managers to fear a correction, or a fall of 10% from the peak. It was a different story last year, when the Russell 2000 racked up a 37% gain, beating the S&P's 30% advance. During previous stock-market pullbacks triggered by rate increases, small stocks fell an average 13%, while large caps took a 9% hit, according to a recent Credit Suisse report looking at data going back to 1986." Remember forward looking indicators are surging - it's buying time again.

Now my position in DWA is being bought out - if this keeps up all my wall flowers will be gone.

Originally Posted by Birchtree

if this keeps up all my wall flowers will be gone.

Haters

Retirees, You CAN Count On Dividend Stocks To Deliver From Here | Seeking Alpha

"By developing a portfolio consisting of dividend growth stocks and reinvesting the dividends right back into the same stocks until you need the income, you will set yourself up for a more secure financial future."

Whew, this pain is certainly welcomed. I have 20 dividends due today and another 10 for tomorrow - so I'm getting golden prices which long term is very beneficial. We may evetually see a 10% correction in the small caps and that's cool with me. Staying in to win.

This is purrfect as long as the market remains above 1900. A break below 1900 would be a first sign of caution. I suspect the bounce will come hard and fast so now is the time to buy. If Mario finally steps up with QE we'll rally hard.

It's close to 1900 the next week will be Interesting.