Everything was after the fact...huh...Lets work backwards and defend this journal a little Which was a blast and helped me focus on out-performance daily. I kind of miss it 09-03-10 10:32 AM "Getting awfully close to the climax of this wedge! Does it break out or down" Well when that "WEDGE" broke out...it ran for the next 6 months straight up. 08-04-10 05:46 PM Some of the "Fear" I see coming. STUPID FIAT MONEY (Spain, Turkey, UK, Portugal, Italy, Dubai---France, Ireland, Austria, Turkey) http://stockcharts.com/h-sc/ui?s=EWP (SPAIN) http://stockcharts.com/h-sc/ui?s=TUR (TURKEY) http://stockcharts.com/h-sc/ui?s=EWU (UNITED KINGDOM) http://stockcharts.com/h-sc/ui?s=$PTDOW (PORTUGAL) http://stockcharts.com/h-sc/ui?s=EWI (ITALY) http://stockcharts.com/h-sc/ui?s=PNMA (Middle EAST) http://stockcharts.com/h-sc/ui?s=EWQ (FRANCE) http://stockcharts.com/h-sc/ui?s=EIRL (IRELAND) http://stockcharts.com/h-sc/ui?s=EWO (AUSTRIA) 08-31-10 12:37 AM Rare Earths roughly about 3% of portfolio as of yesterday Does this one even need to get defended...they all ran 200-400% from that day. which was the 3rd day of a run that lasted 6+ months AUSSIE ZIRCON NAMES I OWN TODAY Mineral deposit-- http://www.google.com/finance?q=ASX:MDL Alkane-- http://www.google.com/finance?q=ASX:ALK Iluka-- http://www.google.com/finance?q=ASX:ILU KENMARE-- http://www.google.com/finance?q=LON:KMR I like and own Avalon (AVL)... Just added Molycorp MCP on secondary the other day (Single digit entry 9's) Waiting for Lynas ruling from Malaysia. Ucore (UCO.v) could be worth a look again big day last week. 05-18-10 04:57 PM It's beginning to look like another one of those almost perfect calls in the Want To Share Journal (Just tooting my horn). I'm not sure about you guys, but the stuff that I was unloading (Higher Beta overweight materials and commodities like I always do) from 4/17-4/27 (My two warnings) sure has taken a bath since then... I guess for now sitting in Cash (US dollars) has paid off, but you know I'm always loaded up with physical metal via CEF....The recent bond rally I missed, but we can't catch them all... IS THAT $CAM LOADED WITH SILVER in the 17's and GOLD around 1100 ALSO IS THAT a big exit before the FLASH CRASH of 2010 "4/17-4/27 (My two warnings)" 04-27-10 03:40 PM 61.8% Fibonacci level for DJIA was 11234.56. Traded around it yesterday. For the SPX well we got close enough. Only time will tell, but you got my warning. Pretty sure that was to the decimal on the top tick of the DJIA....Would you like me to go on???????????? 05-26-10 06:23 PM Everything always looks a little different when you price it in gold! Go ahead back the charts out as far as you want.(the gold anomaly of the 1980's not included) CHARTS THE WAY I SEE THE WORLD.....NOT THE WAY THE PROPAGANDA MACHINE WANTS YOU TO SEE THEM..... S&P priced in gold http://stockcharts.com/h-sc/ui?s=$spx:$gold EURO priced in gold...no wonder GERMANY is pissed! http://stockcharts.com/h-sc/ui?s=$xeu:$gold Check what Corporates look like without the gold priced in...LOL http://stockcharts.com/h-sc/ui?s=$djcb:$gold And then there is always government bonds http://stockcharts.com/h-sc/ui?s=$djcbti:$gold But Small caps are sure to outperform...Or not http://stockcharts.com/h-sc/ui?s=$rut:$gold Shockingly I'm sitting in the right fiat currency at the moment, but the Swiss Franc, Canadian Dollar, Norway's Krona, Chinese Yuan and more physical are on my mind. By the way people check how bad PHYS got hammered today on the secondary they offered...It's so sad to see people doing the right thing, but paying for their stupidity.....Just type PHYS.NV to check the real price and pay maybe up 8% for it at the most...I have always been a CEF person myself. Notice how someone never got fooled into the SPROTT PHYSICAL FUNDS at huge premiums, but have recently(last 6 months) exited CEF in IRA's and moved into SPROTT PSLV and PHYS at 2-4% premiums in "CASH ACCOUNTS" were I have Stock certificates in my possession of the shares you can do that here http://www.rtco.com/ 2009---2009---2009---2009 well who didn't make money that year!!!! 06-24-09 04:57 AM So we have pretty much seen a massive move out of high risk and into "Perceived less risky positions" as of late(Drugs, Utilities, Treasuries and Staples) have all outperformed during this little hick up....High beta (Momentum) names are really under performing since we started this roll and I'm not going to say it is over till I see it....Maybe today, maybe next week, maybe next year is when your going to want to load back up with Risk but only time/the charts will tell.... EVEN today Big Pharma, Utilities, Staples and bonds hitting 52 week highs...They rarely even had issues over the last 3 years...Hard to say that about many other areas....DIVY's been the slow and steady way to win. 2008---2008---2008 11-20-08 11:48 AM I personally feel we are reaching a level that we can bounce from again and I am happy to let these go at these levels.....SKF and SRS north of $250 are a sell.....closed EEV, TWM, EFU, SDS.....I actually went long UYG at 4.06.....Currently 18% Long, 2% short (DXD was left open), 10% gold, 65% cash, 5% UUP...... Top TICKED the 2x ETF's and only really went back to them for swing trades...which were timed 50/50 (good/bad) then the decay stories started to come out... 12-03-08 12:22 PM Just a few positions I put on today.....Thought I would do a little update..... GSG(Goldman Sachs Commodity index)..29.5X RJI(Rogers Commodity Total )...6.2X UGA--(United States Gasoline Fund)..from NY spot GASOLINE 1.018 http://stockcharts.com/h-sc/ui?s=gsg http://stockcharts.com/h-sc/ui?s=rji http://stockcharts.com/h-sc/ui?s=uga ********09-18-08 09:09 PM And seriously looking into breaking up these IRA accounts into many different brokerage firms (What a nightmare for trading)..... ********Well that was done back then and now it's been more about getting out of IRA's while taxes are what they are and buying FARMLAND/GOLD/PLATINUM/SILVER/RENTAL PROPERTY (ANYTHING I CAN TOUCH....REDUCING THE RE-HYPOTHECATION RISK by 70%) YOU READ THAT RIGHT 70%!!!!!!!!! 03-14-07 02:53 AM My 20 largest Short position are CCRT, MCO, CORS, MHO, MTH, SPF, BLG, NDE, NFI, NEW, LEND, FED, FMT, AHM, BKUNA, IBCP, LAB, RATE, HKF, IVC (Mostly lenders of credit and homebuilders with some banks) and same day My favorite longs Liquid Natural Gas----MWP, WPZ, SRE, PIPELINES----EPD, BGH, BWP, VEH, VLI, HEP, SXL, MMP, MWE, MGG, MMLP, DPM, ETE, KMR, EEQ, PAA, EEP, TPP, KMP, STR FERTILIZERS----TNH, TRA, CF, MOS, AGU, POT I think 17 of 20 went under and those fertilizers ran for the next year while the market puked. ALSO those pipelines still haven't looked back. http://finviz.com/quote.ashx?t=epd&ty=c&ta=0&p=m ALSO pretty sure I top ticked those ferts as well 1 year and 3 months later 06-17-08 11:24 AM Option expiration week and I waited a long time, but I just cut my remaining Fertilizer/Ag stocks down to 50% levels of where they were....... IPI, POT, CF, AGU, FMC, MON, SYT, MOS, WLT, TRA *******THE BIG ASS LATE JULY WARNING********** 07-26-07 11:20 AM This was posted in a private message I sent out to a ET member an I believe it is relevant enough to be in the old journal..... All in all the year has been incredible, but I'm extremely worried about whats going on in the corporate bond market....My outlook for the market is biased to the downside and very cautious....Go look at what's going on in the floating rate funds....EVBLX and FFRHX they are getting their heads cut off....The problems I see with this corporate bond problem is : 1. LBO's come to a massive slowdown.. 2. Corporate Buy Backs funded by floating bonds are going to slow down... 3. Trillion's of $'s in bond holders are losing money on their positions and could create a panic of some sort. 4. Cap. Ex. funded by bonds of corps. will have a harder time creating double digit growth out of new expenditures with these new rates.... This is a much longer term problem than anyone else is talking about and I can be patient to wait on US investments. Watch that Yen carry trade unwind.....Ouch $COSTAverageMAN Missed the official top by a few months..oh well..but wait 09-18-07 03:46 PM I would be selling right now at the 1520 level on the S&P 500.....Technical resistance to the upside.....If you forgot to sell in July today is your day in my own opinion..... I can't see how a 50/50 point move says the economy is healthy..... SDS entry is at 51.42 as a hedge to the portfolio..... I am selling everything again.... Reducing most positions to 25% of original amount.... *********AND LAST BUT NOT LEAST************* 08-12-08 01:08 PM In my opinion...GLD just bottomed http://finviz.com/quote.ashx?t=gld&ty=c&ta=0&p=m The Newest member of the family our 4 month old horse "STAR"... Simple Country Living!!!!!!!!!!!! $COSTAverageMAN
********MY Current LIFE STARTS HERE********* I still trade and I love a good spec gold miner every once and a while. Something about those guys who punch holes in the ground looking for the next big score.... This year has been about getting out of IRA's while taxes are what they are and buying FARMLAND/GOLD/PLATINUM/SILVER/RENTAL PROPERTY (ANYTHING I CAN TOUCH REDUCING THE REHYPOTHECATION RISK by 70%) YOU READ THAT RIGHT 70%!!!!!!!!! 30% of NET WORTH is in Miners, some Energy, some AG's (Fert Trust UAN RNF TNH + CF CMP AGU **LNN for drought**) and been exiting the divy plays over the last year (Pipeline MLP's, REITS, HMO's, Capital lending names, Tobacco, Pharma, Utilities and others) Some calls you want to see Dominican Republic names hot speculative gold miners since ABX and GG had first gold pour....Gold Quest set it off with a "Hell MARY HOLE" http://stockcharts.com/h-sc/ui?s=gqc.v http://stockcharts.com/h-sc/ui?s=prg.v (just bought land next to GQC http://stockcharts.com/h-sc/ui?s=ugd.v (decent drill results in area not too far away) http://stockcharts.com/h-sc/ui?s=evr.v http://stockcharts.com/h-sc/ui?s=ipt.v http://stockcharts.com/h-sc/ui?s=emx.v 22 Interesting names in Canada (I own) http://stockcharts.com/h-sc/ui?s=dpm.to http://stockcharts.com/h-sc/ui?s=p.to http://stockcharts.com/h-sc/ui?s=agi.to http://stockcharts.com/h-sc/ui?s=csi.to http://stockcharts.com/h-sc/ui?s=bto.to http://stockcharts.com/h-sc/ui?s=ogc.to http://stockcharts.com/h-sc/ui?s=dgc.to http://stockcharts.com/h-sc/ui?s=cgg.to http://stockcharts.com/h-sc/ui?s=cnl.to http://stockcharts.com/h-sc/ui?s=ngq.to http://stockcharts.com/h-sc/ui?s=ok.v http://stockcharts.com/h-sc/ui?s=epz.v http://stockcharts.com/h-sc/ui?s=svl.v http://stockcharts.com/h-sc/ui?s=rmc.v http://stockcharts.com/h-sc/ui?s=aun.v (so so report today) http://stockcharts.com/h-sc/ui?s=osk.to http://stockcharts.com/h-sc/ui?s=kor.to http://stockcharts.com/h-sc/ui?s=bsx.to http://stockcharts.com/h-sc/ui?s=lyd.to http://stockcharts.com/h-sc/ui?s=mnd.to http://stockcharts.com/h-sc/ui?s=rmc.v http://stockcharts.com/h-sc/ui?s=eox.v http://stockcharts.com/h-sc/ui?s=smd.v 2 spec oils over in Canada I'm in http://stockcharts.com/h-sc/ui?s=dtx.to http://stockcharts.com/h-sc/ui?s=pbn.to Speaking of energy: OWN Cameco CCJ and Uranium One UUU for 2013 (dismantle of Uranium from both US and RUSSIA weapons contract ends)... Maybe a few specs as well... UEC or U308 or DNN could work 20 AUSSIE GOLD NAMES (I own) REGIS-- http://www.google.com/finance?q=ASX:RRL NEWCREST-- http://www.google.com/finance?q=ASX:NCM PERSEUS-- http://www.google.com/finance?q=ASX:PRU MEDUSA-- http://www.google.com/finance?q=ASX:MML SANDFIRE-- http://www.google.com/finance?q=ASX:SFR RESOLUTE-- http://www.google.com/finance?q=ASX:RSG KINGSGATE-- http://www.google.com/finance?q=ASX:KCN INDEPENDENCE-- http://www.google.com/finance?q=ASX:IGO PANAUST-- http://www.google.com/finance?q=ASX:PNA SILVER LAKE-- http://www.google.com/finance?q=ASX:SLR TROY-- http://www.google.com/finance?q=ASX:TRY RED 5-- http://www.google.com/finance?q=ASX:RED PAPILLION-- http://www.google.com/finance?q=ASX:PIR NORTHERN STAR-- http://www.google.com/finance?q=ASX:NST KINGROSE-- http://www.google.com/finance?q=ASX:KRM BLACKTHORN-- http://www.google.com/finance?q=ASX:BTR BEADEL-- http://www.google.com/finance?q=ASX:BDR COBAR-- http://www.google.com/finance?q=ASX:CCU PANORAMIC-- http://www.google.com/finance?q=ASX:PAN (NEW NAME) ****SABRE-- http://www.google.com/finance?q=ASX:sbr (Small copper hit spec) --------AUSSIE/CANADA MINE DRILLER-------- http://www.google.com/finance?q=ASX:ASL http://www.google.com/finance?q=TSE:MDI http://www.google.com/finance?q=CVE:EGD http://stockcharts.com/h-sc/ui?s=joy (New add) BEEN DOLLAR COSTING THE mid/ tier gold/silver miners for the last 6 months roughly...ANV FNV AEM PVG EGO AUY KGN GOLD SAND RGLD FSM AG PAAS GORO TAHO SSRI SLW HL MVG MUX CDE IAG NG PZG SVM RBY BAA AAU NGD FCX XRA AZC SWC POG.L Just started on the majors in last month roughly...NEM ABX GMBXF GFI KGC HMY BVN GG AU AAL.L FRES.L HOC.L IMPUY DIP PLAYS RECENT (LAST FEW DAYS WERE ADDED) AXU RVM EXK TRQ AZK AUMN SMF.TO ASR.TO MSV.TO GBU.TO NES.V BCM.V OHHH PBR (PETROBRAS) IS CHEAP, but expect oil to go lower with the economy. So sit back and polish your metal while you have a drink from preferably Heineken(HINKY) or Carlsberg (CABGY), but if you must have a BUD; well good for you too The REAL MAN OF THE HOUSE "BUDDY THE DOG" $COSTAverageMAN
Well you could call that a nice welcome back day!!! BIG GAP UPS in almost every name. Did the Market just need $CAM to remind them about Gold/Silver miners Only the ALGO's truly know...Just kidding nice breakouts that faded a little midday... Well that might be about all I write for a while... Aug.31st -- Big Ben (Hint) Day possible Sept 13th-- FOMC to finalize one way or the other...(either way not worried) Sept 22nd-- German ESM court final ruling... (Poof It's gone---if bad vote) The way I see it. Here is the AAPL play that was a credit until I added the hedge......For you option players I put this on at close yesterday.... (I could go into why this day and these strikes, but just think MARCH 2009 SPX BOTTOM AT WHAT #---SO GOES AAPL SO GOES THE MARKET)....Could burn me, but it's fun to try....ALSO MAX LOSE in trade was more than made up for just today alone in the miners. SEPTEMBER # SOLD CALLS 10 675 15.XX 10 680 13.XX 10 690 10.XX 10 700 7.XX SEPTEMBER BUY PUTS # 655 15.XX 10 650 13.XX 10 640 9.XX 10 630 7.XX 10 SEPTEMBER (HEDGE) # BUY CALLS 40 720 4.XX (Just Private Message me if you want to chat over the next few days...Lets try not to junk up the Board with chat) $COSTAverageMAN
I used the ratios of SPX divided by real assets....Silver Found it's bottom at 50 to 1 ratio to SPX and stayed there for 2 months as it built a nice base until a few days ago...SPX to Gold ratio has real problems at this level....Also Platinum went all the way to 1 to 1 ratio with SPX before fast reversal in last few days sparked by the African protest... Remember if you bought the market in 1968 you didn't breakeven in real purchasing power until 1995... That whole boom in the 80's on a nominal chart is very deceiving. Something about comparing the USD to the EUR and JPY makes me giggle or for that matter only looking at the indexes in a nominal sense.... "GOLD is the only MONEY" J.P. MORGAN $COSTAverageMAN
Full List of all Aussie Gold/Silver Miners (Last night performance) Fun to wake up to that... ********ALSO when I mistakenly put Sept 22 for German Vote...It's Sept. 12th******** $COSTAverageMAN
Good Morning. Well hopefully by now you got my theme into 2013 and beyond. Markets getting really beat up this week when you price it in metals. http://stockcharts.com/h-sc/ui?s=$SPX:$SILVER http://stockcharts.com/h-sc/ui?s=$SPX:$PLAT http://stockcharts.com/h-sc/ui?s=$SPX:$GOLD http://stockcharts.com/h-sc/ui?s=$SPX (FIAT CHART) Here we have all the open positions on Canadian traded Gold and Silver PRODUCERS and how they closed yesterday.... Here we have all the open positions on Canadian traded Gold and Silver EXPLORERS and how they closed yesterday.... Last nights Aussie CLOSING prices...(No changes) $COSTAverageMAN
Taking some profits in this Sector call... Just thinning down the size of each position. 15-25% haircut across the board up here in the liquid names. http://stockcharts.com/h-sc/ui?s=$SPX:$GOLD (end of day update chart of SPX priced in Gold) Well I don't write much, but this is another one of those Market calls I'm glad I put down in the journal I'll update at the close. $COSTAverageMAN