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I could put on this bio my education, work experience, investment strategy, and a nice thin (if I can find one) picture of me in a suit looking *smart*. Sorry but that's not my intent here. Sure I invest, help family make financial decisions, and make a ton of mistakes along the way. But my time... More
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Interesting Times For All Commodities And Investments!! CHAPTER 4......
  • Interesting Times For All Commodities And Investments!! PORTFOLIO #6........  171 comments
    Aug 26, 2013 3:01 PM



    What started out as a small group discussing anything related to investing has grown extremely educational over the last few months.

    We have Authors, Financial Advisors, Seasoned investors, Experts in specific fields, and just the average Joe pitching in...

    Folks.. we are growing and posters like it. If you are new to investing then this site is for you.

    Here is the current link to our BLOG CHAPTER !

    The chapters continue to advance so this may not be the latest one. Please just look at the bottom of the chapter for the next link !!

    As of now we have a small group of investors nervously playing a game. It is ONLY a game but as I have learned that if it is a competition and we do keep standings people take it seriously. I am happy to see this as I am learning while I lose money ( fiat of course, or monopoly money ) lol

    But as we progress we are changing rules to make it fairer and more competitive. I have been received messages from all with your ideas and it is your game as well. So please feel free to add whatever thoughts you have. I hope over time other will join as we are still at the beginning stages.

    I urge all to post on other articles and blogs what you like about our chapters and challenge in hopes others will either follow or join in the conversation. So keep posting when you trade why you trade for all to see the reasoning. Good luck to all !!

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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Comments (171)
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  • Author’s reply » OK, WHO IS BLINKING FIRST ??
    26 Aug 2013, 03:03 PM Reply Like
  • Me. But I'm not changing what I'm doing.
    26 Aug 2013, 03:12 PM Reply Like
  • Author’s reply » Stocks are falling off a cliff the last hour. I always say the last hr is when the REAL investing starts!!


    Gold and silver are heading up. Humm


    ROS will be commenting on this I am sure!!
    26 Aug 2013, 03:27 PM Reply Like
  • Comments already made... said it when silver hit its bottom at $18... we're on the way up. A shame so many refuse to listen. 2013 will be the year we refer to as "what a great time that would have been to get into metals." Fortunately, I am already in and won't be kicking myself when silver and gold reach new highs.
    26 Aug 2013, 11:03 PM Reply Like
  • Please buy 1760 (SLW) at the open 8/27
    According to Yahoo, the Ex date is 8/28 for .10 per share
    26 Aug 2013, 05:47 PM Reply Like
  • Author’s reply » Ok, who thinks gold will hit $1450 before it hits $1350 ? Since this is the portfolio room I am on record as stating that whomever did not load up on silver when it hit the teens was making a serious mistake.


    Never picked a good price for gold as I am sure they are not finished playing games yet. ROS can confirm our discussion about buying quantity in the teen range. It was the premium that was holding most back.


    Apparently those dealers knew what was coming a few short months later...
    26 Aug 2013, 08:38 PM Reply Like
  • Was so ready to buy 20 or 30 ASEs between 18-19, but held out for another buck. Lost again. $20 or $30 does not break even my account. Greed beat me again. Anyway, still holding a bunch of new Ag coins, a Ag doorstop, and my tiny IRA is 90% AUY, EXK & GPL.
    27 Aug 2013, 07:13 AM Reply Like
  • Stocks are starting 5th step down of the first leg. The 4th step up was completed today. Sell all shares of (USLV) tomorrow morning at
    the opening. Buy with this money shares of (TZA) tomorrow morning. Daily Sentiment Index ( has reached 87% bulls. This is why I am selling my Silver long position rather than wait till tomorrow. Since Russell 2000 will go down tomorrow, we are buying
    (TZA) at the opening tomorrow.
    26 Aug 2013, 10:26 PM Reply Like
  • Please add 1000 shares of (SRTY)
    26 Aug 2013, 10:37 PM Reply Like
  • Author’s reply » @COINS


    Now , now...Are you just following the Doctors orders here? lol


    This can get interesting for sure !
    26 Aug 2013, 10:51 PM Reply Like
  • @ IT
    I had a position in that already,I'm just increasing it.
    27 Aug 2013, 09:18 AM Reply Like
  • Author’s reply » @COINS


    Great for you...!! I don't want to jinx anything so I am staying with my conservative approach. Real life you know where I stand>>
    27 Aug 2013, 09:21 AM Reply Like
  • Gold is definitely going to $1450 soon- may be latest by Friday. I wanted to diversify a little. I never buy more than 5 stocks at a time, even , because when you buy an ETF , you get diversified right away .
    That is why I may get at the opening (TZA).Since our rules do not allow buying intraday, I may end up getting a bad price. The best time to buy is when the insiders buy heavily and the price does not go up much.
    Gold this morning already at $1417. The real winners are who bought (NUGT)
    27 Aug 2013, 08:45 AM Reply Like
  • Author’s reply » Thanks for the input DR ...


    Is $1500 gold possible? If so do you have a thesis why? Or is it all charts ?


    27 Aug 2013, 09:14 AM Reply Like
  • Author’s reply » Who knows this might also lead to a short squeeze on gold as well. The next few days can be a very good learning experience for all of us!


    Now I am sure some will get the point as why you should always have some exposure to the metals.. Rainy days do eventually happen.
    27 Aug 2013, 09:27 AM Reply Like
  • Yes of course. According to Elliott Wave Theory, we can have 33%,50% , or 67% recovery of the whole decline.
    27 Aug 2013, 09:44 AM Reply Like
  • Please sell 10,000 (NVAX), and buy 770 (SDS) at close.
    27 Aug 2013, 11:10 AM Reply Like
  • How cleverly the insiders brought ( NuGT)from 105 to 97 and see the heavy buying around 97 to 98. You can see the heavy buying there on a streaming chart. They sold short to everybody at the opening with the heaviest volume of the day and around 97 they are buying back.
    27 Aug 2013, 11:57 AM Reply Like
  • Dr K: Namaste. How do you figure out if they are buying or selling? My volume charts do not differentiate between buy and sell. Do you need special subscription or access for that data?
    27 Aug 2013, 03:32 PM Reply Like
  • Green Line on (NUGT) chart with heavy volume told me that public is buying heavily. at the open.Somebody has to sell to them. That is the market maker. As the selling continued in the late afternoon, Notice near the end at very heavy volume ---in fact heaviest of the day selling happened. Who will be buying? These was the market makers and other insiders Now hey are loaded up . So they will take the market go up slowly as going down can happen quickly but going up takes time.I expect (NUGT) will be up . Also according to my criteria,there is no SELL signal. I do not wait for the SELL signal. As the market reaches today's high , I will get out.


    All Gold related stocks went up today except (NUGT) & (GDX)
    Both of them completed their 3rd step up today and possibly 4th step down also. 5th step up will take sometime and then we get out.
    Nobody can be 100% sure . I am just talking in terms of what is most probable. Since the insiders loaded up today, near the bottom, I expect a rally soon.
    27 Aug 2013, 09:46 PM Reply Like
  • Any change in thoughts on NUGT or TZA Ken?
    29 Aug 2013, 10:07 AM Reply Like
  • Author’s reply » Ok folks.


    What do we want to do with RIN'S portfolio? I have sent him at least 4 PM'S AND HE DOES NOT RESPOND. I see he does post but I think we should just remove him at this point.


    No need to have another CURLS who doesn't invest yet is a leader:)


    Seriously though if it was fully invested I would say just leave it alone, but with a ton of money left do we really need to have it included? I have no indication he is waiting for an entry point . So what's the use???




    27 Aug 2013, 06:48 PM Reply Like
  • Send me the money ;)
    27 Aug 2013, 06:54 PM Reply Like
  • I suggest not removing him unless we find someone to replace him. Else that spot in the standings will just be blank. It will be there, but it will be blank.


    (Have to do a lot of edits to remove someone entirely.)
    27 Aug 2013, 06:57 PM Reply Like
  • Author’s reply » JBT


    OK, then maybe if no one takes it over EVERYONE can pick one symbol and we will make it a 15 symbol account. Divide what he has by 15, each person pick one symbol and it will be renamed the HOUSE account.


    This way at least CURLS will play !! :)


    Otherwise if someone knows of a person who wants it they can take it over.


    No trading for the rest of the year, just each pick one and it's a hold until the end???.
    27 Aug 2013, 07:00 PM Reply Like
  • That's fine. I'll do the edits, if everyone just wants him gone. Will go with the majority on it.
    27 Aug 2013, 07:05 PM Reply Like
  • Author’s reply » I don't want him gone, but I have tried enough to finally give up. If someone else wants to PM him please feel free.


    Group choice, not mine. I will go along with anything you folks decide.
    27 Aug 2013, 07:08 PM Reply Like
  • Hmmmm. Definitely let me know what you want done. I went back and looked at all his comments, and a whole bunch of buys that he requested on Aug. 1 were not entered into the challenge sheet (5 total).


    Will be an easy fix to enter them - he was fully invested, if you count those buys (actually, one buy would have to be trimmed a little 'cuz he went slightly over $100k.)
    27 Aug 2013, 08:18 PM Reply Like
  • The one pick per person thing sounded interesting, though... I could add a slot for that and we could start next week (then everyone could use the long weekend to make their choice).
    27 Aug 2013, 08:22 PM Reply Like
  • Whatever you guys decide is fine with me.
    27 Aug 2013, 08:06 PM Reply Like
  • I fixed Rin's sheet entry. He actually is fully invested (and not doing too bad).
    27 Aug 2013, 08:45 PM Reply Like
  • Author’s reply » JBT


    Just got in from a meeting. If he was fully invested then lets leave it and see how he does. Now if we ALSO want to add a House account we just need to PM everyone who really hasn't responded yet.


    Windwood, Fear (for some reason hasn't posted in a while), etc.


    I certainly hope no one's feelings are hurt as all posters are always welcomed. Up to all . I just know YOU do all the hard work so hate to add more to it.


    But I also would like to see how the group could do as a whole, maybe even consider allowing trading because who knows, one day we might start up a little investment group for real...BIG IF !!


    Just tossing ideas around.
    27 Aug 2013, 11:28 PM Reply Like
  • I was in a investment group years ago. It was fun. I'll prep a spot in the sheet by the end of the weekend.


    Someone helps - I don't do all the work. ;)


    Can't believe that message with the 5 stock buys was missed... He's beating me. :(
    28 Aug 2013, 12:26 AM Reply Like
  • Author’s reply » JBT


    An idea !, how bout we make this House group 300k and give each investor 20k to play with. 15x20 = 300k ?


    Then that person can trade their portion whenever they want to or do we want a strict buy and hold philosophy?


    I am assuming FEAR still helps. I hope he starts posting soon, as we can use his ideas about the bombings and how it is effecting stocks.


    This way we are pulling for one another . Plus when someone does make a trade can you briefly explain why you are doing it for the lurkers and us newbies as well.




    28 Aug 2013, 02:59 AM Reply Like
  • OK, HD has disappointed me and in a very long term portfolio I would probably keep it but in here I won't. Instead I am putting my money where my mouth is and increasing my interest in silver. So, at the open on Wednesday I would like to sell all of my (HD) - 200 shares which will give me about $14,800 to work with. I will then buy 400 shares of (AGQ) and add 400 more shares of (PSLV).
    28 Aug 2013, 03:06 AM Reply Like
  • Author’s reply » TAMPAT


    I would be honored if you did both, took a team and joined us in the House account.


    You have some great ideas and who knows where this can lead to. Maybe an investment group as we all head to Tenn to set it up with lawyers and a game plan.


    Can't be that difficult to set up and I would throw in a few sheckles to get it started !! Anyone else?
    28 Aug 2013, 03:12 AM Reply Like
  • Article on stock valuation:

    28 Aug 2013, 09:38 AM Reply Like
  • (STB) went x dividend on 28AUG for 0.0441335 per share (83.85 for my 1900 shares):

    28 Aug 2013, 09:50 AM Reply Like
  • (AT) went x dividend 28AUG for 0.0316 per share (94,80 for my 3000 shares):

    28 Aug 2013, 09:53 AM Reply Like
  • (SLW) Ex dividend today for .10 per share. That's $176 for my 1,760 shares.
    28 Aug 2013, 10:09 AM Reply Like
  • Selling all (SLW), (SDS), (INO) shares at the close.
    Buy 1800 (UWTI) at todays close.
    28 Aug 2013, 11:03 AM Reply Like
  • Author’s reply » Buy as many shares at todays close of (PSEC) with my dividend monies..
    28 Aug 2013, 03:54 PM Reply Like
  • Keeping an eye on that one but also watching SUNS and to peak my interest I am buying some at the close today in the challenge.
    29 Aug 2013, 12:50 PM Reply Like
  • Please sell a 1000 shares of (SLV) Thanks.
    29 Aug 2013, 07:36 AM Reply Like
  • Coins... a few nice days for metals but yee have little faith with a couple of down days. PMs had a nice run there off the lows and just hitting expected resistance. the ride upward continues soon enough. I loaded up and am holding on. :-)
    29 Aug 2013, 12:38 PM Reply Like
  • rich, I am the opposite, and I sell gold and silver for a living. Just an FYI. My latest article; Sticking With Stronger Dollar and Weaker Gold Through End of Year
    29 Aug 2013, 12:39 PM Reply Like
  • Doug,


    Thanks for the link... nice article. Well, as you said, January and beyond could be very good for metals... glad to hear you say that since I am long silver in my "real-life" portfolio. Not liking the hiddeous $6 premium per ounce of silver on ASEs at my local coin shop and having more funds within my IRA than actual cash on hand i have decided to stick with PSLV as my silver investment tool. If, as you have predicted silver prices have topped off for a while and sink over the next 4-6 weeks i will see that as a good thing since i want to average down my PSLV in October. I bought 610 shares last year at $13. I plan on making it an even 1000 shares by adding 390 more in October so the lower it goes in the next few weeks the better especially if it does indeed rebound and run in january and beyond. That is what i am depending on. As for out portfolio challenge, I am willing to hold on to my metals and call it a long-term investment (as far as "long-term" in a one year challenge can go). I have always been a fan of silver and am content to wait it out for the long term so that is my intention in both the challenge and my actual portfolio.
    29 Aug 2013, 12:49 PM Reply Like
  • Richonsilver, thanks...long term we know what will occur. I personally don't care about the short term, but try and write something that makes sense (to me) every now and then, unlike the Kitco site for example that pulls reasons out of a hat as to why gold and silver are up or down. It's rather comical to read their remarks.


    Not sure where you got the 4-6 weeks pullback. September is actually typically good for precious metals. But I am definitely sticking with my thoughts for years end which I will explain in a future article further.


    Good luck with your REAL money!


    29 Aug 2013, 01:44 PM Reply Like
  • Doug... I am only using the 4-6 week time frame as a "hopeful" pullback because after that comes my annual October reallocation within my IRA. I wasn't predicting a 4-6 week slowdown... just saying for my purposes it would be a good time for one. Personally, I do not expect any major drops in PM prices. I see them stalling now and then but I believe they are rebounding well off of their bottoms and will continue to do so steadily over time. I am looking to add some PSLV to average down what I bought last year and then ride an even 1000 shares into the sunset with what I hope will be a lot of success in the future.
    29 Aug 2013, 03:19 PM Reply Like
  • At Thursdays close please sell my 300 shares of MSFT (a decent short term windfall) and buy 530 shares of SUNS. This will be my first effort at trying a Business Development Company and the dividend it generates. I believe the dividend yield right now is 7.80%.


    Also, FYI for readers in here, this was ranked at the top of low risk BDC stocks in a recent SA article. So, since I am still very much a novice with BDC stocks I thought I'd try this one in here before considering it or any other in my real life portfolio. IT has tried his hand with PSEC, another I am looking at but I figured since he already had some in here of that one, I would try a different one and we can all see how they do.
    29 Aug 2013, 12:58 PM Reply Like
  • Author’s reply » please SELL all my shares of (PSEC) !!


    I just read a very negative report on all BDC'S especially (SUNS) !!


    29 Aug 2013, 01:03 PM Reply Like
  • I just figured since you are providing us with a first hand look at PSEC, I would grab the other I have read positive reviews about which is SUNS. Good way to learn about potential of both.
    29 Aug 2013, 01:10 PM Reply Like
  • Hmmm... So, sell the (PSEC), or not?
    29 Aug 2013, 01:19 PM Reply Like
  • Author’s reply » no, no NOOOOOOOO:)
    29 Aug 2013, 01:46 PM Reply Like
  • Author’s reply » YUP.. Agree as this challenge should help many of us learn..
    29 Aug 2013, 01:16 PM Reply Like
  • I am providing a link here to the author covering BDCs. He ranks them according to risk and the article explains his criteria. SUNS remains at the top of his low-risk list with FSC a close second. PSEC, ITs favorite still hangs in the middle of the pack. These are the three BDCs I am watching closely as I consider buying stock in one of them in my real portfolio....

    29 Aug 2013, 01:17 PM Reply Like
  • Sell 1800 (UWTI) at close.
    29 Aug 2013, 01:38 PM Reply Like
  • Please SELL all shares of (NUGT) at closing today. Also all shares of (TZA)at close today. The market has started at least 2 week rally may be more. As expected NUGT completed 5 steps down till 9 AM PT . It is now going up in Leg two . Then it will sell in Leg 3 down . Notice Gold has started going up . I will not buy anything till tomorrow.
    29 Aug 2013, 02:45 PM Reply Like
  • Ken, If gold is starting to go up, why are you selling NUGT? Thx.
    29 Aug 2013, 05:27 PM Reply Like
  • Because the temperature in Singapore reached 80 degrees, the price of onions exceeded $5.00 a bag, the Yankees lost last night and the planets were all in alignment at 3:14 pm.... Sorry, couldn't resist.
    29 Aug 2013, 06:41 PM Reply Like
  • Notice how today gold didn't know whether to go up or down? Most investors are waiting for the decision to be made on bombing Syria. If the bombs drop, gold goes up.


    As posted on the chapter blog, I am against bombing. Let's help by sending food, medicine & evacuate families, especially children. The situation in Syria is appalling. If the US does send bombs, something will happen to Israel, & eventually to us. No wonder they hate us so much over there.


    Looks like the positive economic data (GDP, unemployment claims) will make tapering begin in Sept. Didn't the price of gold drop a lot last June when the taper talk started back then?


    Short term gold will fall, especially after the confrontation in Syria dies down. No bombs == gold falls faster.
    29 Aug 2013, 11:20 PM Reply Like
  • Ha! Forgot about the imminent budget blow out Congress will engage in. That might cause gold to rise, & of course, stocks to fall.


    Thank you Congress, as you have since 2008 for making our lives more miserable. Would it be too much to ask for those bozos to actually get together & do something that would improve our economy, change tax codes to encourage business/manufacturing to come back?? Sorry, that would be asking for too much.


    The first thing they ought to do is make "Obamacare" apply only to companies with over 500 employees. Small businesses just can't afford it. Or give them a tax credit. Or give doctors a tax credit for seeing low income people for free. It's wrong that so many people don't have health care but not easy to fix.


    I feel bad even complaining. People in Syria are much worse off than we are, and in plenty of other countries.
    29 Aug 2013, 11:29 PM Reply Like
  • Because (NUGT) is falling? Dr. Ken lost quite a bit in the last day or 2.
    29 Aug 2013, 11:34 PM Reply Like
  • Goes to prove there is no solid theory in the market. I think the best plan is to learn as much as you can about companies, commodities, etc and go long. Patience is the key IMO. Trying to play the heavy duty volatility of metals in the short term will fail far more than succeed. Fools errand if you ask me. I will stay long on silver and see how that unfolds.
    30 Aug 2013, 10:49 PM Reply Like
  • Insurance rates have doubled because of Obamacare and less people have coverage then ever. Meanwhile it has killed business because of all the uncertainty. The one thing that is certain as a business is we will be under attack by the biggest boondoggle in our country's history. I'm glad i'm winding down as a business because with the policies of the Senate and Obama this country 's economy is toast IMHO. Why would anyone or a business become the sacrificial lamb for the crowd that killed our country?
    31 Aug 2013, 12:37 PM Reply Like
    2 Sep 2013, 07:20 AM Reply Like
  • My mistake . I sold Silver shares on Monday morning. I should have sold (NUGT) at the same time. It was 105 then. I thought they will attack today. They are waiting to get permission from as many as Govts as possible. Fat chance !!
    Anyway the day they attack Syria will be the top in Gold. That day i will buy (DUST). Gold i headed towards new lows as US Dollar will reach new highs soon.
    In the mean time buy (TNA) for me in the morning with half of my money.
    30 Aug 2013, 02:19 AM Reply Like
  • Please sell all of my (ZSL) and all of my (SRTY) Thanks
    30 Aug 2013, 01:57 PM Reply Like
  • Well, 1 month in, and it was a doosey. Wost month since May 2012, according to the front page. I'm using my challenge stocks this month like a shopping list to add to quality at a discount. Notables are (DUK), off 8.26%, and (KO), off 5.89%. Both solid companies, so I will try to direct some extra cash to them in September.


    Other than that, looks like I have a firm grasp on 13th place. Booya!
    30 Aug 2013, 06:22 PM Reply Like
  • John,


    I think that is also a solid strategy. Provided you are very confident that a company is high quality and likely good for the long term then buying in after one or more get hit by a down market seems to be a really good strategy. I made that point on a small scale with MSFT. it was beaten down from 35 to 31 during most of August, i suggested it was a good buy and added it to my challenge portfolio. within two days it was up 8%.


    Now, establishing which are solid companies is the key. i am not a short term investor but it does seem that if you track 5-10 good companies over the long term and buy in when they get beaten down a bit, you should do well in with short-term rebounds. It's certainly more sound than some other suggested theories i have seen. Good Luck.
    30 Aug 2013, 10:54 PM Reply Like
  • I'm learning a lot by doing things I have thought of for years. it's really a great exercise.
    30 Aug 2013, 09:15 PM Reply Like
  • CK,
    I agree. The challenge is a very good learning experience although in reality I would not make changes to my portfolio nearly as often. However, to simply learn about stocks and companies behind them its a great exercise.
    30 Aug 2013, 10:56 PM Reply Like
  • Author’s reply » Your welcome !!


    Now hit me with some likes !!
    30 Aug 2013, 10:58 PM Reply Like
  • Author’s reply » The reason I thought the challenge was a good idea is exactly what ROS just said. He probably would never trade like this in real life!!


    As I proved to myself neither would I, but by putting in a post plenty of thought has to go into it. Do I try it? What happened? ETC..


    It really would not work if those two doing the updates haven't stepped forward.


    FEAR, I must admit I have a concern your feelings were hurt but your post, although all did not agree, may be correct in the end. I honestly hope you start posting again and all, including me, if in disagreement need to bring proof to the table.


    So I hope you do read this and give us your thoughts. Plenty got carried away with comments and no one needs to defend their position, only explain it.


    So from this point on I will even remove MY posts if I deem they are not appropriate. We have a few days for everyone to cool their jets and maybe some political discussion can fill the gap for a few days if people post.


    But seeing FEAR update our information yet not posting is bothering me. He stands up for his reasoning, posts his trades, and has answered us when questioned about it.


    Honestly he has done more then I have. I wish you do come back to posting here as you were a staple for a long time and are missed. Trust me on this .
    31 Aug 2013, 01:20 PM Reply Like
  • Mmmm... Politics - my favorite. ;)
    31 Aug 2013, 02:45 PM Reply Like
    1 Sep 2013, 08:28 AM Reply Like
  • Author’s reply » Go roast your Hog :)
    31 Aug 2013, 02:49 PM Reply Like
  • Oh yeah - hog update... It was at 168 about 30 minutes ago. Gonna eat it at 3-ish CST. Finishing up side dishes and sauces, packing cooler, etc. Had to take a quick break from cooking, so what better place that SA? :)
    31 Aug 2013, 02:55 PM Reply Like
  • I don't get it. The Fed's fence sitting on tapering wasn't enough uncertainty for the market? Now we need military uncertainty?


    Are they trying to end everyone's sense of sanity and give lots of stress-related medical business to the new Obamacare program?
    1 Sep 2013, 01:45 PM Reply Like
  • Author’s reply » @CURLS


    This is business as usual. Remember what is junk to one person is a treasure to another.


    Someone's making money off of this !!
    1 Sep 2013, 02:58 PM Reply Like
  • Author’s reply » Any one planning on changing their strategy yet??


    Just asking >>>


    Lurkers might want to know reasons why people do it or stay the course..
    3 Sep 2013, 12:30 PM Reply Like
  • I have exhausted my 1st strategy. I am planning another as a working model after I have proved my theory for trading once to myself. I could do thisfor a living, if I didn't have to use my own money. :)
    3 Sep 2013, 04:41 PM Reply Like
  • Given the news out of congress... I will try the Syria attack play book again... Please buy 1,800 shares (UWTI) at todays close.
    3 Sep 2013, 01:18 PM Reply Like
  • I'm just waiting till something feels right.


    I've been thinking, for trading it's probably better to figure out an expected direction before trading begins, rather than waiting till it's moving and trying to hop on. I'd like to try that out. But right now, busy with other stuff to dig much -- and nothing's hitting me in the face on the day to day movements. Right now is sideways on light volume.
    3 Sep 2013, 01:51 PM Reply Like
  • Looks like I have a few extra bucks lying around so please buy an additional 200 shares of PSLV at Wednesday's open. Thanks.
    3 Sep 2013, 04:25 PM Reply Like
  • Please buy 1000 shares of (SAI) at opening Wed. Thanks
    3 Sep 2013, 11:13 PM Reply Like
  • What a perfect market to buy (accumulate) and hold. :-)


    Here are the goodies I have in my real portfolio as of today: (XRX), (NYT), (INTC), (SB), (TPRE) and (CROX)


    It is a low P/E portfolio I know! :-) The most relaxing bull ever! eheh


    I am tempted by (SODA)...but not sure on that one yet. So if you have a point of view on that one, please let me know guys.


    4 Sep 2013, 09:09 AM Reply Like
  • Hi Krustyman!


    Looking at the (SODA) chart, it's trading in a range, but no indication it's about to pop right away. It's down off the high of the rumor that it was going to get bought out, so I'd bet it'll come back up again on some new news for a good trade, even if it doesn't stay up.


    The company is doing well. It's not a unique product but they seem to have designed and packaged to sell well, way above any competition. Question is, how much of that potential is built into the price, now that it's higher (double from) it's base price for a long time. I'd bet too, it -will- get bought out by a bigger company in the end, but that could be a while.


    With the Syria stuff, I'd wait to buy anything in bordering countries such as this. Though it may take the price down and give a good buying opportunity!


    The other thing I'd keep an eye on, is increased buy volume. I'd be surprised if they didn't find a way to expand their line some how, and get a pop off that. But when? Could be a year or more. But if they're good business people, which they seem to be, that'd be an opening they'd look for.


    So, those are my thoughts. What's making you look closely at it?
    8 Sep 2013, 11:54 PM Reply Like
  • Thanks for your thoughts, curls!


    What do I look at it? Seems more than a fad, finally. :-)




    9 Sep 2013, 10:24 AM Reply Like
  • Author’s reply » JBT


    I am on vacation and will be on the road until this evening, so sell my (PSEC) ONLY if it closes AT or above $11.38 and then buy as many shares in (FSC) as possible..


    At the close!! Gonna be kicked off line at this hotel because they do not have free WIFI, and I bought a 24 hr block that will be running out within a half hr..
    4 Sep 2013, 10:48 AM Reply Like
  • Author’s reply » Folks


    JW will be joining our portfolio challenge so if anyone sees it and it is confusing please respond to help him get started.


    4 Sep 2013, 11:20 PM Reply Like
  • JB,
    Please, buy 3000 shares of Biomerica Inc. (BMRA) at today's close.
    5 Sep 2013, 10:11 AM Reply Like
  • Good morning people


    Here is my opening trades - have three now and will have a couple more in the coming few days.


    Buy 500 (AGNC) American Capital Agency Corp
    Buy 500 (IVR) Invesco Mortgage Capital
    Buy 100 (FXC) CurrencyShares Canadian Dollar Trust


    Rationale: read my comment on "IT for all Commodities chapter 34" yesterday 9/4 for my reason for liking the mREITS. Clue: 17 to 19% yields after having cut dividends during the summer.


    As for FXC the Canadian dollar is at the bottom of its trading channel and is oversold against the dollar and it just now turning up.


    Questions -
    can we do "short sales"?
    For opening price is the cut-off time at 8:00 AM Eastern time or is it just any time before the market opens?
    That's all for now.
    5 Sep 2013, 10:19 AM Reply Like
  • I forgot to add-
    the trades that I make are not "play" trades.
    I am actually buying or selling these in real life, though the quantities of shares I actually bought may not be the same as in this Challenge," I am actually buying/trading these companies.


    No, I don't expect everyone else to do the same.
    5 Sep 2013, 10:59 AM Reply Like
  • I have a couple of REITs in my real life retirement portfolio & they are doing badly! (DLR) and (ARCP) just keep drifting lower. I like (OHI) but it keeps falling too. So I've been checking the P/E & earnings for these REITS. You can't really go by P/E, it's recommended to check free cash flow (or something) by the SA author that writes about REITs, Brad Thomas.


    Also look at their earnings. Some of them don't look so great. You can check that at, look up the ticker & then click on the "earnings" tab.


    So I'm watching them & waiting for them to stop falling! It seems with the taper, interest rates (and mortgage rates) will go up, so the market thinks REITs will be adversely affected.
    5 Sep 2013, 11:43 AM Reply Like
  • JW, mine picks are real too. I own the companies in my imaginary portfolio here and in my real life investing/retirement portfolios.


    You can learn stuff here - just as an example, I made over $27,000 trading (NUGT) in real life just a few weeks ago. Watching Dr. Ken's moves inspired me. Thankfully I got out at the right time!
    5 Sep 2013, 11:46 AM Reply Like
  • JW, the way to short is to buy an ETF that shorts. We can't really do the shorts on individual stocks. But you can talk about what you do in real life. Fear & Greed was great at explaining how he writes covered calls.


    Where is F&G? I've been reading his articles on Seeking Alpha. Maybe he's been too busy in real life to hang out here.
    5 Sep 2013, 11:48 AM Reply Like
  • We will know more tomorrow after the BLS announces non-farm payrolls. It may put in the top in interest rates and a bottom in REITS. Sept 3 was the bottom for AGNC so far as it is holding at its 50day MA now. August 19 was the bottom so far for the whole mREIT sector using (REM) as a proxy.


    I read Brad Thomas' article about going into the quality REITS. One of them was Realty Income Corp, symbol "O" which I am considering as it made new lows Tuesday the 3rd , but waiting on as interest rates may be higher tomorrow. The 10 year T-bond may hit 3% tomorrow Yahoo symbol, (^TNX)
    SA Home News today: Treasury sell-off gathers steam, 10-year yield heads to 3%


    Will this be an intermediate top in interest rates at 3% on the 10 year T-bond ? If it is, and REITS are interest rate sensitive, then they should recover.


    Economic calendar:
    5 Sep 2013, 01:03 PM Reply Like
  • Author’s reply » JW


    No fancy Just buy and sell. Cutoff is a minute before the market opens. Since you posted after the market opened today you get the closing price at 4pm..


    Glad you are joining in !!
    5 Sep 2013, 11:00 AM Reply Like
  • That closing price is going to be better for JW with his (AGNC) purchase anyway.
    5 Sep 2013, 11:52 AM Reply Like
  • Author’s reply » JBT


    I am on vacation and will be on the road until this evening, so sell my (PSEC) ONLY if it closes AT or above $11.38 and then buy as many shares in (FSC) as possible


    Not expecting to rise that much but just in case it does. I will be back later tonight on line..
    5 Sep 2013, 11:15 AM Reply Like
  • Author’s reply » Three Democrats may vote against Summers for Fed chief: WSJ
    9:13 PM


    "Senate Banking Committee members Jeff Merkley of Oregon, Sherrod Brown of Ohio, and Elizabeth Warren of Massachusetts are among Democrats who will not support Larry Summers for Fed chief, WSJ says, citing congressional aides.


    If the three Democrats do indeed oppose him, Summers will need the support of at least some Republicans in order to get through the Committee to a vote on the Senate floor, as Democrats' majority on the panel is two seats.


    Facing potential opposition from both sides of the aisle, Summers may not be the best choice considering the market's disdain for uncertainty.


    "For a number of reasons, I don't know why the White House would go ahead and nominate Larry Summers," a former aide to Senate Majority Leader Harry Reid tells the Journal."


    The POTUS is getting it from all sides. No wonder the markets are listless !!
    5 Sep 2013, 09:17 PM Reply Like
  • Looks like if Obama wanted a longer bull, he'd have aimed for no war:


    Two longest bulls (9 years) "...came after wars had ended (1946 after World War II and 1990 after the Cold War)." The five year bulls came after a bear, similar to this bull after 2007.
    6 Sep 2013, 09:13 AM Reply Like
  • Curls,
    If you are interested in the bull/bear cycles I posted several articles and charts in my discussions with SG about deflation. The last bear market went from the 2000 dot com crash till 2009. A lot of companies traded in 2000 still have not recovered their previous highs. Take a look at (MSFT), (, ( for example.


    Which means the current bull market, if that is what we have, has been going since 2009. I say "if that is what we have" because there is debate about whether the market since 2009 has been a bull market or not because of TARP, QE, TWIST, ZIRP and other government interventions in the markets since 2008.


    As to your statements above about bull markets after the end of wars, here is a chart of every bull and bear market since 1900:



    If you look your premise is incorrect. The longest bull market we have ever had was 1949 to 1963 lasting 4566 days. There was actually a recession after WWII and high unemployment because of women in the workforce and returning vets looking for jobs. That bear market lasted from 1946 until 1949. Same for the end of the cold war.


    If you are interested in "secular" bull/bear market trends here is a chart:

    6 Sep 2013, 10:22 AM Reply Like
  • @ Notrub


    Thanks for all the data. It's not my premise that bulls happen after wars -- that was from the article. I was wondering how it got rosy so quickly, when it was such a tough transition time. So you're data is very helpful at getting it more accurate.


    I wonder how much is they're each using different definitions of bull markets, or different start end points? ...the old adage, that stats can be used to support anything...
    6 Sep 2013, 11:02 AM Reply Like
  • The "classic" definition of a bull market is 20% up and bear market is 20% down. That is what is covered in the first chart of bulls/bears.


    "secular" on the other hand is a trend vice a percentage move (see second chart and article). Most believe that for the secular bear market that started after the dot com bust to end it would take the NASDAQ indice to go to a new high from the highs set in 2000. There are others, such as F&G that believe we have been in a secular bull market since 2009. By the classic definition of a 20% increase F&G is correct. Whether that is the secular trend has yet to be seen???


    The difference can be seen in the run up to the 2008 crash. The SP500 & Dow both were up over 20%. But, the secular bear market did not end as shown by the 2008-2009 crash. The evidence for the period 2000-2008 was that low interest rates caused the run up in the markets and the real estate bubble to form. As soon as rates began to "normalize" the markets crashed again. That is why everyone is waiting to see what the markets do as soon as interest rates normalize again to see if we actually have a bull market or just a continuation of the 2000 secular bear???
    6 Sep 2013, 11:32 AM Reply Like
  • Just to give some perspective. None of the bull/bear markets would have mattered to a long term investor. The people who get burned are the people who sell at the lows and lock in their losses. WHEN you sell determines whether you have a loss or a gain. Everything else is just calculated speculation on paper.


    As a long term investor that is one of the reasons I do not focus on price. My gauge of success or failure every year is how much income did my investments generate. If I have more income come in in 2013 than I did in 2012 it was a successful year. If I had less income for 2013 I failed in getting the best use out of my money.


    Yes, in the long run I have to balance that against whether my "principal" increased or decreased if I sell that postion. But, that is always decided by whether I sold my positions for more or less than I paid for them. If I never sell them it will never be my problem. And, I have a feeling that whoever inherits those positions won't care since it didn't cost them anything to start with. This is the main reason I began using the covered call options. It guarantees that I always sell for an increase over what I paid originally while also benefitting my investment style in increasing my annual income at the same time.
    6 Sep 2013, 11:52 AM Reply Like
  • Notrub, that's how I'm trying to look at my investments now. It's hard to stop worrying when they go down, but the dividends keep coming in which is my goal, a DGI portfolio. I'm looking towards retirement in 10 years, when those dividends should be enough to support us.
    6 Sep 2013, 12:05 PM Reply Like
  • BSF,
    I have to admit, in a perverse way, I actually like to see my stock prices go down. It means I am buying more shares with my reinvested dividends. If I was not using dividends to purchase shares or I bought stocks that didn't pay dividends then I would probably be more price conscious myself???
    6 Sep 2013, 12:19 PM Reply Like
  • Please, sell my 3100 (SYPR) at today's closing price and just put the proceeds to cash.
    6 Sep 2013, 11:03 AM Reply Like
  • Author’s reply » BTW.. The markets are at a complete standstill...Just look at CURLS portfolio over the last week. It hasn't moved a penny. ( oh never mind ).


    6 Sep 2013, 11:23 AM Reply Like
  • Author’s reply » August Nonfarm Payrolls: +169K vs. consensus +180K,,,,


    +104K previous (revised down from +162K).Unemployment rate 7.3% vs. 7.4% consensus, 7.4% previous.


    Any one else notice that REVISED DOWNWARD number from 162K to 104k? Yet unemployment dropped again?


    Things that send you back to your calculator. Yet were hitting on all cylinders huh?


    6 Sep 2013, 11:34 AM Reply Like
  • If you read the whole report the headline unemployment rate dropped because fewer people are collecting benefits not because more people got hired.


    6 Sep 2013, 11:59 AM Reply Like
  • Author’s reply » @NOTUB


    Yup, at a 25 year LOW !! Participation rate at 63% Pathetic numbers for sure !


    I just like how they can sneak in a 50k, or close to 33% DECLINE from a prior month....
    6 Sep 2013, 12:03 PM Reply Like
  • Not to mention, all the people working part time at low wage jobs because that way, no healthcare costs. These days, you have to work 2 jobs just to make one full time job. It used to be that teenagers had all those jobs, working at McDonald's etc. Now you have middle aged & retired folks working there.


    Those people aren't even counted in the "jobs report." Or we could go back to the days when one person supported the family, one stayed at home to raise the kids. Maybe we are already headed in that direction - for some. My niece is a speech therapist & her husband is an accountant. So far, they tell me they have no money to save for their 2 kids for college, and not much for retirement other than what their jobs have for them. Yet they go to Hawaii, Disney World & drive very nice cars. It's expensive putting 2 kids in child care.


    This is why we are looking for a liquor store to buy. Our son will manage it & hopefully it will support all of us. College isn't all it's cracked up to be. A small business can be a better investment.
    6 Sep 2013, 12:13 PM Reply Like
  • BSF,
    I had thought about going the small business route. But, the inheritance taxes here in PA would make it so that the business would have to be sold to pay the taxes.


    I am starting to lean more toward just making a trust that pays income to my heirs and and willing all of my investments to it when I die. It keeps the government's hands off the money. Though the recipients will have to pay taxes on the proceeds.
    6 Sep 2013, 03:37 PM Reply Like
  • So we have traded Supply side economics for "Trickle down" government stimulation it appears.We used to have an optimism about recovery after a recession,now we have settled for government central planning and increased debt that can never be repaid. I remember the good ole days when the people that railed against capitalism and they politicized our booming economy because they cared so much about "too much debt" . Now they say nothing about WAY too much debt and no economic activity to match it . Wow ,who would have thought things would have ended up this way.It's like we are trying to lift a bucket over our own heads while standing in the bucket.
    7 Sep 2013, 01:01 PM Reply Like
  • Notrub, my dad set up a trust with the money he intended to pass on to us (4 kids). At the time, it seemed like a good idea. He put the house in the trust too, so the home insurance & property taxes are paid in the trust. This is good for my mom, who still lives in the house.


    Here's the problem. The trust is held by a bank, and they charge 2% fees on the income of the trust every year. So essentially, the trust makes no money, or very little. My brother has been directing the investments which have done so so, considering the 2008 downfall, the trust is a little higher than where it started (all the way back in 1990!) but I estimate it's only gone up about 25% which is horrendous. Now I think a trust is ok if you set it up right, especially if you can control while you are alive. Then just let it be inherited when you're gone. My dad's trust will not dissolve until my mom passes, so it could go on a long time (at least I hope it does).


    Looking back it might have been better to just let my mom pay taxes (if it even would have been taxed) and have her inherit. Then at least we could have avoided the annual 2% fee and problem with not being able to use the money all these years. My mom could have given us money (she has been very generous) and avoided inheritance tax that way.


    My family has had a business for 3 generations. Currently, my brother runs it. He bought it from my parents, which I wish they could have just given it to him. It's a drugstore, started by my grandfather in the 1910s. Over a hundred years old now, but will end with my brother. He bought the building too, which ended up costing him $65,000 (small town in Iowa so real estate is cheap). Today, he couldn't even give the building away. The town has been going down since the 1970s. It's come to a point where the business just barely makes it. As a pharmacist, my brother would have done far better working in a bigger town for Walgreens or any chain drugstore.


    My plan for my son is to have him as a partner from the beginning, so he won't have to buy us out. We will set it up with lawyers, to make it the best we can for him. I hear you about passing on assets. It is costly & depends a lot on where you live. There are ways of doing it though. As a realtor, I was fascinated with property tax records. So many records showed $1 and the property record was transferred. Usually, this was from 1 spouse to both spouses, or vice versa. Other times, it was hard to tell. I told my mom about this, hoping she could just give my brother the business building for $1. She said according to the law, she had to sell it to him at "market rate." So they did an appraisal. My poor brother now has a building he can never sell, and he has to pay the property taxes too. Even if he converts the entire building to apartments, (after he retires) he might never get his investment back, plus conversion costs would be too high.
    8 Sep 2013, 03:41 PM Reply Like
  • Author’s reply » Guys


    SELL all of my shares of (PSEC) at the close and buy as many shares as I can of (FSC).


    Thanks !
    6 Sep 2013, 11:56 AM Reply Like
  • Hi all


    Here are three new trades for my account. I currently have three positions with a cash balance of $71,756 prior to these trades. I will then have six positions. Here are my new trades for todays close;


    Buy 2000 sh of (CIM) Chimera Investment Corporation
    Buy 600 sh of (IIM) Invesco Insured Municipal Income Trust
    Buy 100 sh of (TLT) iShares Barclays 20+ Year Treasury Bond Fund


    CIM: has been range bound as uncertainty about REITS has been holding them down. Today they rebounded again after a pretty big drop yesterday. They did not make new lows though. AGNC which I bought yesterday jumped 2% when the 169K under consensus job number came out. CIM is acutally beginning to make its move today. Hope it does not jump too much. (Sounds like a weight loss commercial “Be careful if you loose too much weight too fast with our product...”)
    If you have read my recent comments, you know I watch REM to follow the mREIT sector [like watching GLD to follow gold]. REM is now above 5, 10, and 20 day MA's and looks like ST buy signal to me.


    IIM: is an insured municipal CEF that has a monthly dividend. NEA another such fund has taken off/breaking out & is up today. IIM is down a few cents today. I feel Muni Bond funds with around a 6.7% tax free yield have bottomed. IIM goes X-div on 9/11 next week. I feel it will go up with the whole sector and as some investors buy it to capture the dividend.


    TLT: Yep, 20+year LT govt bonds. Has made a double bottom. 10 year Tbond just almost touched 3% and has now backed off with the slightly off jobs number (will they revise this 169K nubmer down next month too like they did for last month before?) TLT is coming off its lows today after holding in 102+ area. This may be the start of T-bond rebound with its 3% yield.


    The fact that interest rates may have stopped going up (tentative thesis) is a case for the REITs and Muni bond fund above.
    6 Sep 2013, 01:59 PM Reply Like
  • @JW,


    I hope you're right about the mreits - own some (MORL) in real life (not too much - very gut wrenching swings).
    6 Sep 2013, 02:55 PM Reply Like
  • I was right today, and short term buy signals are being seen: AGNC and IVR, both 10 day MA crossing 20 day MA.
    AGNC: 10 and 20 day MA are now above the 50 day MA. If interest rates ease it should be good for REITS.


    I use short term MA series like 9,18,36 day or 10,20,50 day. This one works good with the Yahoo Bol Bands (20 day, 2 dev) as the 20 day MA will be the center line of the B bands.


    (CIM) was up today, challenging the $3.00 level.


    MORL looks like REM, almost, close to breaking out.
    6 Sep 2013, 05:27 PM Reply Like
  • Author’s reply » JW


    Thanks for taking the time to explain your trades. I appreciate it !
    6 Sep 2013, 08:19 PM Reply Like
  • @JW,


    I won't count on MORL breaking out. It's a monthly paying etn with 2x leverage. This is strictly a lottery ticket for me (or a hedge against rates being more stable for the next few years than most are expecting). (MORT) is what it's based on.


    Here is the original article that got me interested:



    I would encourage anyone who might be interested to visit UBS home site and read the prospectus. There are some nasty caveats in it. I have more than a few doubts about it, but expect that morl's price will jump when the Oct divy is announced.
    6 Sep 2013, 09:18 PM Reply Like
  • User
    If the mREIT sector rebounds - the reason would be easing interest rates - then MORL will rebound strongly. It was up 3.65% today, as it is leveraged. The individual mREITS I follow are major holdings of MORL. Also if interest rates ease, the mREITS margins or spreads will improve and dividends probably would not be cut further. MORL, I realize has a kick-ass div yld. Also Book values would improve.


    Everyone expects interest rates to keep on going up. But they may have already peaked when the 10 Yr bond almost hit 3% this week. If the general/popular consensus changes and the herd perceives that rates have peaked for now, interest rate sensitive investments like REITs and Municipal bond funds which have been stomped down may rebound sharply.


    This is contingent on interest rate action. This is a tentative thesis and remains to be seen. Watch the 10 year T-bond and (TLT)


    I'll reiterate: Muni CEFs - like (NEA), (IIM) and (PML) have a 6 to 7% tax-free yield are showing signs of bottoming. They would respond if the 10 yr T-bond rates are done rising.
    6 Sep 2013, 10:27 PM Reply Like
  • @JW


    Interesting stuff. " the herd perceives that rates have peaked for now,"


    What if they haven't peaked? What's your running thesis?


    And how likely is it that they haven't? 4% is more the norm, so eventually they'll get back to that.


    I think in passing, I read that money is flowing back into bonds again...
    6 Sep 2013, 11:49 PM Reply Like
  • My thesis is that the investment advisory community will over extrapolate the extent that they think interest rates will rise in this short to intermediate term. Just like gold bears were looking for gold to keep going down to 1000 or 800 just because it was in the process of going down, most will not see the short term i-rate top as they keep raising their target to some higher number. The 10yr bond i-rate has already increased 83% from 1.63% in May to 3% hit Sept 5.


    The 3% was based on the ADP employment numbers. Then the next day the BLS came out with lower numbers of 169K and revised previous months numbers downward. This negates the rationale for rates rising to 3%. The price action of bond etf (TLT) seems to suggest this with a double bottom: low on 8/21; second low (not new low) this week 9/5.


    When interest rates peak in the short term or in the intermediate term they won't call it. They will still be looking for higher rates.


    Longer term I would expect higher rates, but in the short term, I am wondering if we have seen the short term top for now.
    7 Sep 2013, 09:16 AM Reply Like
  • @JW
    I always forget about bouncing. Seems like a possible resistance point on price dropping.


    Bonds get complicated though these days. There's money moving back in and then out, based on emerging markets...and retirement folks who need fixed income... and manipulation.


    Plus how does the now seemingly small taper setting up for Sept 17th, play in. It'll make rates go up as bond prices go down. ...maybe that will be a short term move and the peek you're looking for?
    7 Sep 2013, 06:26 PM Reply Like
  • JW, agree with you about interest rates. They might go higher in the short term but it's going to take years for the 10 year Treasury (and all T bills) to get back to what they were before 2008. I remember buying a 6 month T bill (one T bill is $100,000) and getting over 6%. We won't see that for many many years. This is because the economy was so much better back in 2006. I hope it doesn't take a decade more, but it just might.


    People might be able to make money because the 10 year T bill with less than 3% interest might fall so far under par value, as people dump T bills to get higher interest rates elsewhere. What will happen to 30 year T bills? Par values are going to be something to watch in the future.
    8 Sep 2013, 03:51 PM Reply Like
  • I would like to buy another 3000 shares of (BMRA) at today's closing price with the proceeds from the (SYPR) sell.
    6 Sep 2013, 03:40 PM Reply Like
  • Since our challenge is for fun and my portfolio seems to be bouncing around the break even point, I think its time for me to drop a few slow movers (although long term I like them) and see if I can get the portfolio to jump (one way or the other) in the short term.


    Monday, at the opening please do the following...
    Sell all my shares in...
    (CAJ) 200 shares
    (CSCO) 435 shares
    (GILD) 200 shares


    and buy the following....


    (EDC) 400 shares
    (SPXL) 200 shares
    (NUGT) 120 shares


    Thanks and a good weekend to all.
    7 Sep 2013, 12:45 AM Reply Like
  • Author’s reply » Looks like a bunch of people are now in the green !!




    Do you need the link to the spreadsheet?
    9 Sep 2013, 10:05 AM Reply Like
  • Been a minute since I read the rules on dividends/distributions, but am I correct that it was decided that the payout would be on the ex-date and we announce them here?
    9 Sep 2013, 10:46 AM Reply Like
  • Author’s reply » USER


    You can announce it , or check the spreadsheet to see if it was recorded correctly.


    I also PM FEAR or JBT to let them know as well..
    9 Sep 2013, 10:49 AM Reply Like
  • Thanks. VTSMX should go ex divy about the 20th or so.
    9 Sep 2013, 11:11 AM Reply Like
  • Please sell 1800 (UWTI) at close today.
    9 Sep 2013, 11:48 AM Reply Like
  • JohnBin


    I like the looks of American Capital Agency Corp right now.


    I will buy 300 more shares of (AGNC) tommorw AM
    9 Sep 2013, 10:11 PM Reply Like
  • Just so y'all know - my last name isn't Bin. ;) Someone on SA has my full name, so I had to come up with a different username. I am John B. in Tennessee. ;)
    9 Sep 2013, 10:31 PM Reply Like
  • John B


    I have two more trades for tomorrow AM.


    Buy: 300 sh Australia & New Zealand Banking Group Limited (ANZBY)


    Buy: 300 sh Singapore Telecommunications Ltd (SGAPY) OTC Pink sheet. Almost 5% yield. This is a big Singapore telecom.
    All I can say is look at its chart.


    Situation regarding Australia & New Zealand Banking Group Limited ANZBY that I am buying above,---this symbol is for the OTC pink sheet ADR. Big bank, yields 5.47%.
    This is a short them arbitrage play. The ADR is at a large discount to the Australian traded issue, ANZ.AU. It looks like the ADR is playing catch-up to the ".AU" traded issue. See Aust exch symbols below.


    Look at the chart. It is already above the 50day MA and is crossing above the 100 and 200 RIGHT NOW (with in pennies).
    It also trades on the Australian exchange under the symbols
    ANZ.AX which is the Yahoo symbol, or
    ASX.AU which is the Google and Bloomberg symbol.
    ---but I don't want these. I want the ADR.


    Any takers on this one with me?


    9 Sep 2013, 11:42 PM Reply Like
  • Change to above trade.


    I will CANCEL on the 300 sh of Australia & New Zealand Banking Group Limited (ANZBY).


    I decided to give it a few days as it is up against the upper Bollinger Band and the 200 DMA and may go down a little first. Keep the other trade (SGAPY) "ON" for 9/10 AM.
    10 Sep 2013, 12:43 AM Reply Like
  • Please sell:


    1000 shares NTI at closing price today, 9-9-13.
    Enough is enough with this one.
    New stock buy will be posted tomorrow.


    Thank you


    9 Sep 2013, 10:48 PM Reply Like
  • Author’s reply » @DEER


    You get the opening price tomorrow per the rules. If you do not want that please post it.


    If you want the same day's closing price it must be posted by 4pm that day !


    10 Sep 2013, 01:22 AM Reply Like
  • Opening price is fine with me...just dump it all...


    Thanks so very much.
    10 Sep 2013, 12:03 PM Reply Like
  • Author’s reply » I am Donald Trump in NY !! :)
    9 Sep 2013, 10:58 PM Reply Like
  • Please buy 3,100 (DWTI) at today's open.


    I think the Russian proposal with respect to Syria's chemical weapons will reduce perceived risk in the oil markets. This represents the other side of the Syria oil play. As perceived risk decreases, crude prices should drop. I expect oil to drop between 3 and 4% within the next week or so. Of course, this could blow up in my face as well.
    10 Sep 2013, 07:14 AM Reply Like
  • Rats... I should have made this play at the close yesterday. As expected, oil is dropping fast. Please buy up to 3,100 shares depending on the price.
    10 Sep 2013, 08:55 AM Reply Like
  • Never mind... cancel the buy (DWTI). The cream has been skimmed off the top in the pre-market.
    10 Sep 2013, 09:27 AM Reply Like
  • Sell all shares of (TNA) that I have at the opening . I do not have a SELL signal yet, but I like to take profits in stocks which are 3X leveraged as TNA may be ending its 3rd step of the current leg up. It will be followed by the 4th step down and then the 5th step up. The leveraged stocks lose lot of the value in 4th leg down. Why wait?
    10 Sep 2013, 08:46 AM Reply Like
  • Author’s reply » People shooting into the green all over this challenge!


    Let's see how long this lasts!!


    Great job folks>>
    10 Sep 2013, 10:38 AM Reply Like
  • STI will pay a regular monthly cash dividend of C$0.04636833 per common share on October 15, 2013, November 15 and December 16 to shareholders of record at the close of business on September 30, 2013, October 30 and November 29.

    10 Sep 2013, 12:50 PM Reply Like
  • Please put in 500 shares of (USLV) at today's close for me thanks
    10 Sep 2013, 03:54 PM Reply Like
  • Author’s reply » Guys


    Please sell all of my shares of (FSC) at the opening as long as it opens at $10.65 or higher.It goes ex dividend tomorrow and JBT said I had to own it the day prior but could sell it on the ex dividend date to get the dividend.


    Place the dividend and the sale in cash for now !!




    Now lets watch how the POTUS wiggles out of this one tonight !
    10 Sep 2013, 07:26 PM Reply Like
  • Buying 1,000 shares of Vale, S.A. (VALE) at the opening price tomorrow morning.


    Thank you.
    10 Sep 2013, 08:22 PM Reply Like
  • Wednesday at the open…


    Sell (NUGT) 120 shares


    Buy (TEI) 500 shares
    10 Sep 2013, 10:10 PM Reply Like
  • Author’s reply » I might be gone all day. So please sell all of my (FSC) at todays close if it is above or at $10.65. I believe the dividend should be added as well. Keep it in cash.


    Taking wife for a medical procedure soon.


    Thanks !
    11 Sep 2013, 09:36 AM Reply Like
  • At the close today (Wednesday) I would like to ....


    sell (PSLV) 442 shares
    sell (AGQ) 400 shares


    buy (AFOP) 100 shares
    buy (PSEC) 750 shares
    11 Sep 2013, 03:26 PM Reply Like
  • Author’s reply » Just update the above sale of (FSC) to $10.60 or higher and place it in cash for now !! Either at the opening or closing price !
    12 Sep 2013, 04:59 AM Reply Like
  • Please sell 400 shares of (USLV) at opening ,thanks.
    12 Sep 2013, 06:42 AM Reply Like
  • Author’s reply » @coins


    Dr, Phil would like to know how's that trade working out for ya??


    KA BOOM !
    12 Sep 2013, 09:42 AM Reply Like
  • Well, about 6 weeks into the challenge my moves have had clear consequences. Although I would not trade like this in reality, since we are having fun with the challenge I went much more radical than I would for real and it cost me. However, I am learning about certain stocks and that is the point. At first I was going conservative and found that no trades were boring for the purpose of this exercise so on my own I created another portfolio to watch. That one is my long-term and more realistic setup while the one in here is a lot more active but serves as a good learning tool. I am not making excuses for my recent plunge in the standings as I have plenty of time to rebound.... and i will :-)
    In the meantime I have found a couple stocks I will consider for real and a couple others I won't. In the end that learning experience is the true value of the contest... atleas it is for me.
    12 Sep 2013, 12:36 PM Reply Like
  • Author’s reply » My oh my how the standings have changed !!


    FEAR jumped over a ton of people to top the leaderboard !!


    Looks like COINS spit the bit on this race as well. I know it's a marathon but it is fun seeing the changes and the rationale for the investment decisions..


    BSF is a close second, and IT is stalking both of them with his unique style of investing !:)
    12 Sep 2013, 03:06 PM Reply Like
  • Please add 500 shares of (USLV)
    12 Sep 2013, 03:39 PM Reply Like
  • ,
    13 Sep 2013, 07:14 AM Reply Like
  • Please sell 1000 shares of XRX.


    12 Sep 2013, 03:47 PM Reply Like
  • For the traders Sears (SHLD) is popping over reports that it's land holdings are worth more than expected. And that there's consideration of splitting it up for that value. (Barron's report maybe?)
    12 Sep 2013, 03:51 PM Reply Like
  • Ya'll notice I have not taken a position in gold or mining stocks.
    It is obvious they are in a real correction now. Going by (GLD), it bottomed at 114.68 on 6/28 and topped at 137.55 on 8/27. That's a gain of $22.87, about 20%.


    If it corrects the 6/28 to 8/27 move with a 62% Fibonacci retracement it would give back $14.18 (22.87 * .62)


    This would put the bottom of the correction around $123.37.
    I will be looking to buy into GDX or GG, and SLW, HL, maybe SIL, at that time.


    This area, $123.37, is about where the Aug 6 support was at GLD's first minor correction. As GLD approaches $123 the gold haters will crawl back out from under their rocks and proclaim that gold is going to make new lows.


    No, I don't think it will be making new lows. I think the first rally ended and and it is correcting. I was too slow to catch the first bottom in June.
    12 Sep 2013, 09:38 PM Reply Like
  • Hi John, this is the second time we have seen NUGT get to this level ($5.50 last time). It bounced after hours, but I was telling IT I would like to see it break to lower lows before entry. We have the Fed meeting coming up and I don't think we get any tapering. We also have Oct. 18th x day coming up for when the government runs out of money. Will be interesting to see how gold responds in each case. I expect some nice volatility, but I will be patient for my pricing.
    12 Sep 2013, 10:15 PM Reply Like
  • Please add 500 shares of (AUQ) Thanks,Curt
    13 Sep 2013, 08:47 AM Reply Like
  • Please buy 10,000 (SRV) at the close today.
    13 Sep 2013, 03:04 PM Reply Like
  • Please make that as many shares as I can afford to buy at the close today.
    13 Sep 2013, 03:56 PM Reply Like
  • Author’s reply » OK MOVING ON TO THE NEXT WEEK !!

    13 Sep 2013, 06:12 PM Reply Like
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