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Portfolio Update -

Long Term IRA - SSN, GBG, VZ, WMT, AVGCF, GPL, IPI, CGR
I added 30% more IPI on the pullback.

In my short term account I sold my UGL gold position, which is up nicely on gold's rebound.  I hit my $ goal and can feel good about it.

I also bought $11 calls on UCO last Friday when it was under $11.  Well we all know what happend to oil and I tripled my money on Wed and got out.   Way more than I hoped for.  

Short Term Trading - FAZ (SOLD this week), GNK (HOLDING), UGL (SOLD), AVGCF (HOLDING, TBT Calls @ $40, $42 - These are june and jan 2012.  I am looking for tbt to hit $50.  HOLDING

Last update I said, "

I still like my GNK.  The bollinger bands are coming together and I would have to say it looks like bottoming.  Pure speculation disclosure.  :)
I still like it.  It's up for me since I wrote that. 

Others I am looking at: Fortuna Silver, IPSU