Thread: Birchtree's Account Talk

I was looking for a rush of money to come into the market this week, but no dice - I did however manage to pull in a few gains: -$19K, -$24K, +$15K, +$48K, +$1K for a grand total of +$21K. Next week is another opportunity for justice. Very often the best way to be successful in the long run is not to aim at being successful in the short run.

Originally Posted by JimmyJoe

I believe that the best time to be in the market is when there is blood in the streets. I didn't come up with that saying either, just copied it. I do believe that the present state of the S&P and the Dow sideways action is building a base for 2500 and 20000 year end, respectively.

JimmyJoe,

Your 'base' could be someone else's 'top'...

Good luck on that one, cuz rather nice to see you in my rearview mirror

Originally Posted by PessOptimist

No. Losses gains in Birchtree 300. Tugboat=TSP. I think. I will let birch explain it.
PO

yea, i wanna hear it, too. I guess us, newbies don't understand the lingo...

TSP is my tugboat account - it's smaller than my oceanic account (Birchtree 300). My oceanic account is a margin account.

Here's a peek at my dividend reinvestments for today: ABB, BTE, NGLS, ARP, ETP, AOS, OKE, NRG, MCS, LNCO, HRL, HSC, FPO, CE, AES, and LNT. Because I'm not perspicacious I also bought: GBX, AKS, MTG, MT. I'm diligently waiting for a tremendous breakout with money flowing like fine wine. Until then I just keep money moving in the correct direction. I forgot to list MS as a dividend hit.

Originally Posted by Wiff007

So you lost 54k in one day in TSP? Sorry i could be miss reading this lol.

LMAO...that's not his biggest loss...but he's gained even more.

BT, blew your doors off good buddy!

Yes, I felt the vibration as you zoomed past - but you won't get far. I have 5 dividends to reinvest today in our sideways market: EXH, HXL, TRGP, APU WMK. Just got to keep the money working building my income stream. I think I may acquire a small position in FXI in the near future - it's a China large cap ETF. My contrarianism says go for XME while it's on bargain basement sale.

I surely wish my oceanic account could pull down another $1M for 2015, but I'm having my doubts that will happen. So I'll just keep buying when the opportunities present- actually have 77 dividend increase announcements so far ytd. Last year I ended with 167 increase announcements. In total I reinvest 876 dividends during the year

Decided to buy a few more fallen angels today: CLF,BTU, BAS, BBG. Please don't try this at home.