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Thread: Birchtree's Account Talk

  1. #17509

    Default Re: Birchtree's Account Talk

    Quote Originally Posted by Birchtree View Post
    http://www.marketoracle.co.uk/Article48287.html

    "A 75 year bull market? Are you serious?"
    Let us stop talking falsely now, the hour's getting late. I think this last dip we had a month ago will be the last one for a long while.

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  3. #17510

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: Birchtree's Account Talk

    I know at least one person has been waiting with bated breath to know what my oceanic account did last week: -$11K, +$26K, -$47K, +$65K, +$50K for a sweet gain of +$83K. I anticipate doing even better during the next 3 and 1/2 trading days.

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  5. #17511

    Default Re: Birchtree's Account Talk

    Quote Originally Posted by Birchtree View Post
    I know at least one person has been waiting with bated breath to know what my oceanic account did last week: -$11K, +$26K, -$47K, +$65K, +$50K for a sweet gain of +$83K. I anticipate doing even better during the next 3 and 1/2 trading days.
    Not me. I brushed my teeth really good this morning.

    Been wondering... how cold did it get in your neck of the woods during last weeks polar vortex dip?
    CURRENT ALLOCATION: 100% I AS OF C.O.B. 5/22/2017

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  7. #17512

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
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    24,244

    Default Re: Birchtree's Account Talk

    One morning it was 27 degrees and all my sensitive plants were put away for safety. I've been mowing up leaves lately for compost materials.

  8.  
  9. #17513

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
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    24,244

    Default Re: Birchtree's Account Talk

    http://www.financialsense.com/contri...to-u-s-markets

    "If the Russell 2000 can close above its November highs of 1188 that would give even more fuel for the bulls for a Santa Clause year-end rally."

    The NYAD remains in a bullish configuration.

  10.  
  11. #17514

    Join Date
    Apr 2005
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    Gainesville, Florida, USA
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    24,244

    Default Re: Birchtree's Account Talk

    Bulldaddy repeating Bill Miller says "the conditions for a bad market just don't exist. You can throw a dart at the market and about anything you hit is gonna go up the next six months." The Federal Reserve will keep interest rates lower than anyone can imagine for longer than anyone can imagine. And that will drive asset prices higher than anyone can imagine. I'll take an asset bubble for Kwanzaa.


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  13. #17515

    Join Date
    Apr 2005
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    Gainesville, Florida, USA
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    24,244

    Default Re: Birchtree's Account Talk

    My Seadrill (SDRL) is under the hammer today. Weak quarterly earnings and a dividend suspension have taken it down over 4 points today. So I have bought myself another 200 shares for fun - knowing full well that oil prices will rebound at some point. My dividend increase announcements are now up to 155 ytd with more to ring in the holiday cheer in December.

  14.  
  15. #17516

    Join Date
    Apr 2005
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    Gainesville, Florida, USA
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    Default Re: Birchtree's Account Talk

    I'm buying a few oil stocks that are currently on sale: STO, BTE, HAL, RDC. December is my largest dividend month so I'll be adding even more oil company shares. As soon as my take overs complete I'll be going much deeper into the oil drilling business.

  16.  
  17. #17517

    Default Re: Birchtree's Account Talk

    Quote Originally Posted by Birchtree View Post
    My Seadrill (SDRL) is under the hammer today. Weak quarterly earnings and a dividend suspension have taken it down over 4 points today. So I have bought myself another 200 shares for fun - knowing full well that oil prices will rebound at some point. My dividend increase announcements are now up to 155 ytd with more to ring in the holiday cheer in December.
    This morning's chart of SDRL:

    SDRL.png

    Oil is getting crushed. There's a fundamental change going on in the industry.
    CURRENT ALLOCATION: 100% I AS OF C.O.B. 5/22/2017

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  19. #17518

    Join Date
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    Default Re: Birchtree's Account Talk

    Seadrill is a pleasing opportunity and is Europe's largest offshore driller. It has over 60 rigs and will remain a leading contractor in the deep water segment of the market. So bring me pain now with lower prices and I'll just keep buying.

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  21. #17519

    Join Date
    Mar 2006
    Location
    Raleigh, NC
    Posts
    3,416

    Default Re: Birchtree's Account Talk

    Quote Originally Posted by Birchtree View Post
    Seadrill is a pleasing opportunity and is Europe's largest offshore driller. It has over 60 rigs and will remain a leading contractor in the deep water segment of the market. So bring me pain now with lower prices and I'll just keep buying.
    But I heard that Europe was going to use 'Wish Power' to generate electricity. See Germany. It is an extremely clean power generation source - transparent to the user when no power is generated. Thus, I think this is a very poor recommendation...
    Lookin' up at the 'G Fund'!!!

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  23. #17520

    Join Date
    Apr 2005
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    Gainesville, Florida, USA
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