Thread: Birchtree's Account Talk

The R2K has busted past 1188 - that means new higher highs on the way.

Originally Posted by Birchtree

How I wish I had +$500K to spend on oil and coal stocks - I could do it in a heartbeat. An all out bull rally is not totally out of the question even from our current level.

Check your coat pocket. I'll bet you left it in there.

Originally Posted by Birchtree

If I can make as much money in my oceanic account today as I did yesterday - boy I'd be a real happy camper.

If you're happy and you know it, clap your hands! *clap, clap*

The rally out of the 2009 low has now extended to the point that it is the longest cyclical advance since the inception of the DJIA in 1896. I firmly believe that the Dow would be at 25,000 if Obama was a leader and cared about employing people - there I said it. We are seeing a 3rd wave in action right now - I anticipate more gains.

I'm wondering if the central banks were in the markets today buying equities.

Yesterday was the best day for the S&P 500 in 14 months, and today was even better. This was the first time the S&P 500 rose more than 2% on consecutive days since March 2009, shortly after the bull market began. We haven’t done it for three straight days since August 2002.

Originally Posted by Birchtree

I'm wondering if the central banks were in the markets today buying equities.

ya think?

While the regulators are gone fer x-mas- thats what crooks do...
BT, this thang going to blast off through new years- we know you'll be in no matter what but the rest of us weaker players need the scoop. Gold/Russia/Oil/Obummer what do you think...

Originally Posted by shitepoke

While the regulators are gone fer x-mas- thats what crooks do...
BT, this thang going to blast off through new years- we know you'll be in no matter what but the rest of us weaker players need the scoop. Gold/Russia/Oil/Obummer what do you think...

o.m.g.

Nothing threatens this stock bull market. I believe the conditions now in place could foster a bull market that could last 18 to 20 years. They call it a mega trend. And I bet central banks are buying stocks - only a surging economy will end the bull run.

I'm trying to think ahead and discount the future. In 2013 the SPX gained 29.6% - the same type of gain for 2015 would be 620 points and take me to 2686. It's definitely time to think aggressive. We could stay in our current up channel and get there without a manic parabolic melt up phase.