Thread: Birchtree's Account Talk

Anything related to trains is a good buy in my opinion: TRN, GBX, WAB, GE, GWR, just to name a few.

I just saw a dust cloud go by and my first thought it was the bulls, but no, it's mom and pop getting out as fast as their feet will carry them.

Individual Investors Head For The Hills [SPDR S&P 500 ETF Trust] - Seeking Alpha

at or below the 50DMA is the time to buy not to run in a bull market

Originally Posted by sniper

at or below the 50DMA is the time to buy not to run in a bull market

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

Originally Posted by MaStA

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).

Originally Posted by sniper

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!

Fisher on an “All or Nothing” 2014 | The Guru Investor

Siegel: Stocks 10% to 15% Below Fair Value | The Guru Investor

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.

I see Amazon is warning of loses. Wonder how this will hit the NASDAQ tomorrow?

-Geaux

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.