Yer Late, ya bastid!
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Things have been ripping around here, as the overstretched band of “no bidness” that plagued us for the first six months of the year has snapped back with a vengeance to “too much bidness.”
I am not crapping you, we are hiring right now, as we just hauled in about five new deals in the last month. Now I’ve got to actually execute them which is going to stretch me thin all the way into Christmas.
Luckily, my portfolio is largely set. I will nacker about here and there, but you know my thesis of “Baby $HUI to the Christmas Tree,” ovah heah, and I shall not stray much from it.
Right now, one of my favourite plays — Silver Wheaton Corp. (USA) [[SLW]] looks to be ripping into the close, and the price of silver ($17.71 right now) is hardly wavering even as the price of gold takes a mini-step back ($1,049.00).
Remember that Allied Nevada Gold Corp. [[ANV]] target fibonacci extension I put up a few weeks back after it’s breakout? I said it would hit $10.70, remember? Well, that worked out well, as it’s there and past, and I would look at that $10.70 area as a nice place to pick up some more shares of ANV, which is quickly becoming one of my favourites (sic) — Jacksonian even.
Last, my beloved, if neglected Jacksonian stalwart, [[TBT]] . I still own a metric shit tonne of this, even though I sold a bunch in the high 50’s some months back, thinking I’d buy back on a retrace.
Well, I was waiting for it to hit that $44.90 fibonacci level we had discussed, and it breached even that so I said “ok, I’ll wait.”
I should have just bot some there, or at least averaged down. Now, I’m doing a bit of a chase, and will attempt to refill my love gourds on a subsequent (hoped for) pullback to the $45.50’s area.
That is all for now, but if you want to discuss specific charts, I can throw them up this weekend at your request.
Back to the salt mines.
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Symbol Last Trade Change Volume Shrs Holdings Value Day’s Value Change Price Paid Gain/Loss Related Info
– 1-May-09 16.56 301.9324 10827.295898$10,827.30 ANDE 4:00pm ET 35.86 0.21 78,643 301.9324 10827.295898$10,827.30 63.405529 $63.41 0.59% 16.56 5827.295898 $5,827.30 116.55% Chart, Message, Profile, more…
– 1-May-09 8.00 937 11262.740234$11,262.74 EGO 4:01pm ET 12.02 0.11 4,214,977 937 11262.740234$11,262.74 -103.069679 $103.07 0.91% 8.00 3766.740479 $3,766.74 50.25% Chart, Message, Profile, more…
– 1-May-09 33.04 302.6634 14627.722656$14,627.72 GDX 4:00pm ET 48.33 0.36 9,821,289 302.6634 14627.722656$14,627.72 -108.957848 $108.96 0.74% 33.04 4627.723633 $4,627.72 46.28% Chart, Message, Profile, more…
– 1-May-09 86.95 115.0086 11821.734375$11,821.73 GLD 4:00pm ET 102.79 0.85 15,094,614 115.0086 11821.734375$11,821.73 -97.757133 $97.76 0.82% 86.95 1821.736694 $1,821.74 18.22% Chart, Message, Profile, more…
– 1-May-09 8.11 1,233.0456 18027.126953$18,027.13 IAG 4:00pm ET 14.62 0.25 3,653,954 1,233.0456 18027.126953$18,027.13 -308.261414 $308.26 1.68% 8.11 8027.127441 $8,027.13 80.27% Chart, Message, Profile, more…
– – 83.24 158.651 12020.985352$12,020.99 MON 4:01pm ET 75.77 0.80 4,952,087 158.651 12020.985352$12,020.99 126.920074 $126.92 1.07% 83.24 -1185.011841 $1,185.01 8.97% Chart, Message, Profile, more…
– 1-May-09 16.65 600.6006 15507.506836$15,507.51 PAAS 4:00pm ET 25.82 0.10 1,333,349 600.6006 15507.506836$15,507.51 -60.060287 $60.06 0.39% 16.65 5507.507324 $5,507.51 55.08% Chart, Message, more…
– 1-May-09 36.19 276.3194 13395.963867$13,395.96 RGLD 4:00pm ET 48.48 0.62 687,746 276.3194 13395.963867$13,395.96 -171.317734 $171.32 1.26% 36.19 3395.965576 $3,395.97 33.96% Chart, Message, Profile, more…
– 1-May-09 12.31 812.3477 14151.097656$14,151.10 SLV 4:00pm ET 17.42 0.10 8,280,955 812.3477 14151.097656$14,151.10 -81.235085 $81.24 0.57% 12.31 4151.096680 $4,151.10 41.51% Chart, Message, Profile, more…
– 1-May-09 7.72 971.3368 13462.727539$13,462.73 SLW 4:00pm ET 13.86 0.09 6,411,976 971.3368 13462.727539$13,462.73 87.419533 $87.42 0.65% 7.72 5964.007812 $5,964.01 79.53% Chart, Message, Profile, more…
– 1-May-09 17.19 581.7336 13054.101562$13,054.10 SSRI 4:00pm ET 22.44 0.17 812,016 581.7336 13054.101562$13,054.10 -98.894753 $98.89 0.75% 17.19 3054.101318 $3,054.10 30.54% Chart, Message, Profile, more…
– 1-May-09 50.20 199.2032 9171.315430$9,171.32 TBT 4:00pm ET 46.04 2.01 12,279,225 199.2032 9171.315430$9,171.32 400.398865 $400.40 4.57% 50.20 -828.685303 $828.69 8.29% Chart, Message, Profile, more…
– – 10.13 823.1098 10535.805664$10,535.81 TC 4:02pm ET 12.80 0.14 1,898,657 823.1098 10535.805664$10,535.81 115.235657 $115.24 1.11% 10.13 2198.415283 $2,198.42 26.37% Chart, Message, Profile, more…
– – 18.92 964.8936 30259.064453$30,259.06 TCK 4:00pm ET 31.36 0.46 7,246,914 964.8936 30259.064453$30,259.06 443.852020 $443.85 1.49% 18.92 12006.065430 $12,006.07 65.78% Chart, Message, Profile, more…
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Tried to capture a screen shot of the Jackson’s off my port page… ah well… if you look closely– right before “chart” — you can find the returns since May 1st ’09… averaging almost 42% at today’s close
LIZ = BTFO
Crazy, this retail stuff.
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Jake, next time follow Yogi on the TBT…;-)
I really did think of it, but just was so encumbered I couldn’t stay w. it.
As I said, I have plenty.
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Too Much Business ? Is that the correct usage of “to”
Snooze you loose on TBT good call Yogi.
Buddy is taking me to see the Boys take on the Chefs Sunday. 3rd row right behind Todd Haley.
Anything you want me to relay to Wade Phillips?
There’s a KC MacDonald’s (sic) looking for a fry cook.
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Gay-roid and Teeeexxxxxxxxxx!!!
Ah yes, that constant struggle between full time job and the true love of the markets… The bitter taste of what we HAVE to do versus the sweet seduction of what we WANT to do… Next time GOD designs things, he has to give us 48 hours in one day and a need for no sleep.
Can you please enlighten the new guys on what a Jacksonian would be?
A “Jacksonian’, referring to former president Andrew Jackson (also known as ‘Sharp Knife’ to some of the first nations of the US): I think in Jake’s mind it has something to do with this former president’s love of gold and silver. Though a “Jacksonian” stock pick could also be some sort of metaphor for flaying alive a living stock and using the skin to fashion a bridle for your horse, like Jackson liked to do with first nation children, or ‘whelps’ as he was wont to refer to them. IE You take so much ‘skin’ off the play that there is excess you can use for frivolous, yet brutally arrogant purposes …. Just a theory, btw.
Try not to pay too much attention to this asshat’s posts
He also thinks the teachings of Marx and Engels are verifiable truth, for a qualifier.
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President Jackson was marked by his antagonism to a National Bank — aka “Fed.” His good work in stopping the establishment of a National Bank probably saved the Republic from the very depredations — socialist and otherwise — that we’ve seen since 1913 and the establishment of the Fed . The largest of these depredations is the destruction of the US currency, which continues apace today.
The Jacksonian portfolio is a tool to fight that devaluation. I’ll reveal more later today.
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Oh, so I must be incorrect about A. Jackson? I don’t think so, historical fact trumps Jakey’s ‘high school’ spin and irrelevant ad hominem attack (what do Marx and Engel have to do with A Jackson,anyway?). From this knee-jerk response I see that for some Jackson was a ‘hero’ for his good works, the searing light of which supercedes his barbaric role in Manifest Destiny’s ruthless ‘ethnic cleansing’. For this caliber of hero worshipper the main ingredient is location, not the object of their affections’ actions. IE if Jake was born and raised in the former USSR, I have little doubt that he would defend to his death the glory of a brutal icon like Stalin for his ability to unite the Russian people, and spit venom at anyone who argued that this did not exonerate his malevolence.
So defensive Jake, I mean:
Me:”I think in Jake’s mind it has something to do with this former president’s love of gold and silver.”
Jake: “The Jacksonian portfolio is a tool to fight that devaluation. I’ll reveal more later today”
sounds like I am pretty much on target there, too.
You don’t read for comprehension?
I’ve no doubt it’s what’s led you to being gulled by the ash-heap of history.
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Misdirect the flow of the conversation all you like, Jake, I still come back to the facts you so desperately wish to avoid addressing: Jackson murdered children in cold blood, kept body parts of his enemies as trophies, and made horse rainment out of their skins. Are you actually disputing these truths? You have kids, don’t you Jake? When you talk of your heroes with them can you really include this monstrous, motherless cur as one of them?
I ‘Gulled’, sir? Stick to the subject, please. Otherwise your blather just gets too ironic…
“Gulled,” is completely appropos for Marxist dimwits with chips on their shoulders.
A veritable “target rich environment” for charletons in the Howard Zinn tradition. He laughs whilst converting your loonies into royalty checks.
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Indeud, I will always carry a very large “chip on my shoulder” for those who are well documented to have been directly cupable for the deliberate murder of children in furtherance of their military careers (or any other reason), and also for those who insist on blithely venerating them. No apologies from me there, whatsoever.
Historical fact, untouched by Howard Zinn, supports this claim in the case of Andrew Jackson, as even a cursory bit of research will prove. Erudite, you are plainly not, Jake.
‘culpable’
Giants looked damn good today, should be a beauty next week in the dome.
RC — I am killed by children obligations, but some of my brothers will be down there with my favourite cousin.
I will give you and them the heads up.
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THAAAAAAAA YANKEES WIN!!
THHHHHAAAAAAAA YANKEES WIN!
(Take it as a metaphor, G’wan)
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All adulation arguments aside: Awhile ago I plugged a purely Canadian play here, Red Back Mining on the the good ol’ TSX, in an attempt to get a belligerent blogger to go ‘toe to toe’. To my knowledge, he was, and still is, too flaccid to face up to the challenge. In any case, they got a little mention from P Schiff near the end of this. Oh, and their share price is, naturally, kicking it.