Thread: Birchtree's Account Talk

Originally Posted by jpcavin

I second that. Just finished reading it.

Just wish I understood more of it!!

Originally Posted by kave

Just wish I understood more of it!!

I think in a nutshell, it's saying that even if the Fed delivers bad news, the market as a whole will do well. Just my take.

Small caps are leading the fire today with the R2K up better than 23 points - that means many targets are falling for us gun owners.

The markets are certainly having a nice day.

http://www.marketoracle.co.uk/Article47715.html

OK here we go for the next two years anyway. "The central bank's ultraloose monetary stimulus has played a role in boosting prices of stocks to record high this year and kept bond yields near historic lows. Investors now are worried that the Fed may start raising official interest rates sooner than anticipated. Many investors were surprised to see a relatively optimistic assessment of the outlook for the U.S. economy given a recent focus on economic woes in Europe and low inflation in the U.S." It would appear that 2015 will be an excellent year to stay long.

Bond yields have been too low for too long. We will see what happens now.

Originally Posted by Birchtree

OK here we go for the next two years anyway. "The central bank's ultraloose monetary stimulus has played a role in boosting prices of stocks to record high this year and kept bond yields near historic lows. Investors now are worried that the Fed may start raising official interest rates sooner than anticipated. Many investors were surprised to see a relatively optimistic assessment of the outlook for the U.S. economy given a recent focus on economic woes in Europe and low inflation in the U.S." It would appear that 2015 will be an excellent year to stay long.

You know what is going to happen to the bond market - it just takes time since the bond market is ten times larger than the stock market. If history is any guide rising rates should also mean rising stocks. In fact those years of consistently increasing rates are some of the best in the history of the benchmark S&P 500 index. I'll be staying long with the opportunity to make a few more millions of dollars.

With the elections leading toward republicans don't you feel it will be a big jump up in the market.

I certainly do and just increased exposure to C and S COB today. Of course, when Obama got elected I just into G and languished for 5 years or so missing the giant run up due to quantatative easing. So, do exactly opposite what I think and you will be ahead.

Damn..

It's a mega trend secular bull market - where have you heard that before - go ahead and play on the rails. The Grand Trunk is off in the distance. I'm still set for a 2400 SPX and as close as I can get to Dow 24,000 by year end.