[youtube:http://www.youtube.com/watch?v=LS-jutv-rh0 450 300]
The New Official iBC Theme Movie?
________________________________________________________
No, this is no well-deserved reference to the Red Sawx or the Twinkies, or even the misbegotten Mets.
It’s what I’ll be doing to pass the time until Christmas. I’ll be staring at goats, shepherds and large carafes of homemade plum wine.
Because I’m looking at the Jacksonian Core Portfolio here — up 44.7% since May 1st and going higher — and I’m saying… why would I want to screw up a good thing, ovah heah, fretting about short term nary and sally?
I just got back from checking out all their daily charts, and… you know what? They’re all overbought almost to a man.
Normally, I’d be all “where’s my exit” on stuff like that, but… you know what? See above.
Goats, shepherds… plum wine til Christmas. Abide.
______________
[For those of you who were asking in the last thread about
“WTF are these Jacksons?” I have listed them and their various monthly and “since May 1st” returns, including possible pullback entry points. BTW — Don’t even think of following me into these positions, as your extremities will undoubtedly blacken, and soon fall off at some embarrassing time.]
| Name/ |
|
|
% |
|
Portfolio |
Portfolio |
|
|
| Ticker |
2-Oct |
9-Oct |
Change |
|
Value |
Impact |
|
Comments |
| ANDE |
$ 33.76 |
$ 35.86 |
6.22% |
|
$ 10,827 |
0.40% |
|
Next stop $39- |
| EGO |
10.60 |
12.02 |
13.40% |
|
$ 11,263 |
0.90% |
|
Broke $11.70, good rebuy on a dip. |
| GDX |
42.76 |
48.29 |
12.93% |
|
$ 14,616 |
1.13% |
|
$45.38 is 20 day for pullback possibility. |
| GLD |
98.37 |
102.84 |
4.54% |
|
$ 11,827 |
0.32% |
|
Pullback to $102? |
| IAG |
13.25 |
14.61 |
10.26% |
|
$ 18,015 |
1.11% |
|
Already taking off again here… |
| MON |
74.67 |
75.77 |
1.47% |
|
$ 12,021 |
0.11% |
|
Bounced off 50% fib retrace @ $73.50 |
| PAAS |
21.54 |
25.82 |
19.87% |
|
$ 15,508 |
1.85% |
|
Broken out, look for touch @$25-ish |
| RGLD |
43.29 |
48.48 |
11.99% |
|
$ 13,396 |
0.96% |
|
Hit $48.65 target, forming handle here…. |
| SLV |
15.82 |
17.44 |
10.24% |
|
$ 14,167 |
0.87% |
|
Overbot slightly. $16.46 is 20 day. |
| SLW |
12.07 |
13.86 |
14.83% |
|
$ 13,463 |
1.20% |
|
Pullback to $13.25? |
| SSRI |
19.55 |
22.44 |
14.78% |
|
$ 13,054 |
1.16% |
|
$21.50 pull back before takeoff? |
| TBT |
43.40 |
46.00 |
5.99% |
|
$ 9,163 |
0.33% |
|
Near target @ 38.2% fib =$47.20 |
| TC |
11.37 |
12.80 |
12.58% |
|
$ 10,536 |
0.79% |
|
Pullback to $12.30 for purchase |
| TCK |
26.26 |
31.36 |
19.42% |
|
$ 30,259 |
3.52% |
|
Officially BTFO. Target $40- |
| Cash (000) |
$ 0.00 |
$ 12.64 |
0.01% |
|
$ 12,644 |
0.00% |
|
Same |
| AVG (weekly) |
|
9.33% |
|
$ 210,759 |
14.66% |
|
|
| AVG (monthly) |
|
5.67% |
|
Actual cash |
|
|
|
| AVG (inception) |
|
44.65% |
|
on cash return |
40.51% |
|
|
_____________________
UPDATE: In case you need the Jackson’s “daily look” — like we’ve got with the Pat Boone Page, I’ve listed them here:
The Andersons, Inc. [[ANDE]]
Eldorado Gold Corporation (USA) [[EGO]]
[[GDX]]
[[GLD]]
IAMGOLD Corporation (USA) [[IAG]]
Monsanto Company [[MON]]
[[PAAS]]
Royal Gold, Inc. [[RGLD]]
[[SLV]]
Silver Wheaton Corp. (USA) [[SLW]]
Silver Standard Resources Inc. (USA) [[SSRI]]
[[TBT]]
Thompson Creek Metals Company, Inc. [[TC]]
Teck Cominco Limited (USA) [[TCK]]
And don’t forget about “honorary Jackson” Allied Nevada Gold Corp. [[ANV]] , which I consider “one of the crew.”
_______________
Comments »
