Seeking Alpha

The EconomicJoker's  Instablog

The EconomicJoker
Send Message
I'm an IT guy who reads quite a bit on the economy. And I'm just a man. I like to complain and I can't stand stupidity. Most people call me negative but I like to think that there is a simple efficient way of doing things, with courtesy to your fellow man, but most people don't buy this. I can... More
  • My January End of Month Portfolio - UPDATE 0 comments
    Jan 29, 2011 12:05 PM
    EOM Update to my portfolio:

    I sold of my Barkerville position.  I can't really see them going any higher with only a few hundred thousand ounces in their reserves.  I doubled my investment in a 6 month timeframe.

    I also sold out of my TBT position in my IRA.  I smell correction and don't expect this to go much higher, at least now.   It also hit my target of $40 ever so quickly.  I made a $7 per share gain.


    In my trading account I sold my EIDO for a small gain, my HTM for a small gain.  I also sold my SSN around $2 for a great gain in only weeks.  I missed out on about .30 cents as sampson kept going but I'm not worried about timing the top.  I expect to buy back in when possible.

    I traded in and out of EWM calls for a .50 share gain.
    I picked up some GNK as shipping is being decimated right now.  Playing the contrarian it's down about a buck right now.  I have a bit to go until my stop.  We'll see.
    I also picked up some FAZ to play off expected 'crappy' earnings from banks.  Up a bit
    I picked up some Avion (avgcf) at 1.45 and that is up at the moment.
    I still hold my TBT calls

    Short Term Trading - FAZ, GNK, AVGCF, TBT Calls @ $40, $42

    Feb will be light for me as I expect some turmoil and I'm holding about 50% cash waiting for it. 
Back To The EconomicJoker's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • Avi probably still doesn't think the gold market is manipulated.
    May 23, 2014
  • WTH happened to the articles from the people I follow? WHY DOES SA keep changing the home page?
    Feb 24, 2014
  • It's either a corrective A or C on a shorter scale. Either way, we're going down much further.
    Jun 11, 2013
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.