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The EconomicJoker
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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.

    Long Term IRA - SSN, GBG, VZ, WMT, AVGCF, GPRLF, IPI

    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. 
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