Thread: JimmyJoe's Account Talk

awesome, i have a feeling you'll be the one taking birchtree's place when he retires haha.

Originally Posted by sniper

awesome, i have a feeling you'll be the one taking birchtree's place when he retires haha.

I thought JJ was BT twin brother...

Originally Posted by sniper

awesome, i have a feeling you'll be the one taking birchtree's place when he retires haha.

It's nice to have his name associated with mine but trust me, there is no one on this board paralleled with that investor. I have, however, latched on to his style of trading, and who wouldn't? He's not going anywhere by the way, and this board is thankful for his being around. It took me a long time to see it his way, and since then, begining this year I've not regretted a moment of my adopted trading, er, investing style. He's showed us the right place to hang out in. The bull ring. 2013 is going to rock the socks off everyone.

Today Ron Barron mentioned on CNBC that the market made trade at 28,000 ten years from now - I'd like to hang around until then if possible. The small investor apparently is making a slow return to stocks - they are still very low on allocation and that is bullish from a contrarian perspective - they have a long way to go to reach past levels of allocation seen at previous market peaks. We've had a strong January and now February is getting ready to embark on a torrent of buying and more strong rallies. Snort.

Originally Posted by Birchtree

Today Ron Barron mentioned on CNBC that the market made trade at 28,000 ten years from now - I'd like to hang around until then if possible. The small investor apparently is making a slow return to stocks - they are still very low on allocation and that is bullish from a contrarian perspective - they have a long way to go to reach past levels of allocation seen at previous market peaks. We've had a strong January and now February is getting ready to embark on a torrent of buying and more strong rallies. Snort.

Gad there's a lot going on. First, the small investor, in this case, the v generation, the valedictorians who will get jobs and invest in the market have yet to join the small investors you mentioned. Yes, slowly, incessantly they both will be getting in this decade. Secondly, February is the new January. February has done well in the last three years. Two big money makin months from now on. As January/February goes, so goes the rest of the year. The way the bulls came back today was awesome. We're above 1500 and were knocking them down. Talk about playing above the rim. Were going to shake off those shackles that held us at 1500 and start cruising up around 1550 to 1600 very soon.

"In 1954, the S&P 500 advanced 5.1% in January and was up 45% when it closed for the year."

http://www.marketoracle.co.uk/Article38852.html

Global money will soon find the I fund a good investment. It has low p/e ratios. Its performance compared to the C and S fund is calling out to buyers.

Originally Posted by JimmyJoe

Global money will soon find the I fund a good investment. It has low p/e ratios. Its performance compared to the C and S fund is calling out to buyers.

Birchtree, is that you?

Originally Posted by JimmyJoe

Global money will soon find the I fund a good investment. It has low p/e ratios. Its performance compared to the C and S fund is calling out to buyers.

Here the I fund comes, as if on que. It looks to break even today and tomorrow.... tomorrow just could be the day all three of them break out, to the up side once again. You've got to stay in it to win it.

Originally Posted by RealMoneyIssues

Birchtree, is that you?

No harm done as long as we are in a bull market...

Originally Posted by JimmyJoe

Here the I fund comes, as if on que. It looks to break even today and tomorrow.... tomorrow just could be the day all three of them break out, to the up side once again. You've got to stay in it to win it.

Jimmy, with all that bullishness, I hope you're putting your money where your mouth is, I see you joined the tracker late, what is your actual YTD return?

To be a successful investor you sometimes have to buy things that aren't popular like the I fund. Just look at what is happening in Japan as they try to raise inflation from the dead. With a dropping yen they will flood the emerging markets. We just don't want the I fund trade to get crowded.