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all-time-high :-)

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19. Jänner 2010 23:29

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folks, my investment portfolio rocks like crazy! a new all-time-high :-)

well, 2 weeks ago (beginning of the year) was my balance of all open positions tiny +7.97% and it is +20.12% now! of course, it helped a lot that yesterday advanced my single biggest position scorpio mining huuuuuge +11.94% (addendum 18.01.2010) as the volume was more than twice the usual amount. no news, of course :-). any reason for that increase? hmmmm, my guess? 

1.) these many stupid folks who were willing to sell their scorpio shares that cheap are out of the market
2.) these few folks who want to increase/enter their positions understood that there will never be a cheaper share price out there, so they started to buy at current price and bid it up a little bit :-)

ok, the remaining increase of my gold/silver/commodities portfolio is supported by increasing gold/silver prices, i think.

well, we are in the early phase of a HYPER-INFLATIONARY HARD ASSETS RALLY, i believe :-)

let's enjoy future development of my investment positions and let's hope my struggling micro trading account will also advance soon :-)

of course, there will be days on the way up where every commodity + every commodity stock + my portfolio will suffer like hell for some trading psychology related reason and that will be prolly also the days when i will update my armageddon 4 commodities blogpost, but i do not worry too much abt that. as long as the (inflationary) trend shows up i will ride the trend, so what?

hell, hell, hell! that investment stuff is soooooo damned easy :-))





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Disclaimer #1: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades. (what a nice wording, isn't it? thanX to dave, thanX to www.informedtrades.com :-) Disclaimer #2: http://disclaimer.de/disclaimer...


  • 2010-03-05 01:29:11
    Jaro Gruber

    folks, a short update :-)

    well, that was not a good day for commodity bugs 2day as natural gas, grains, soft commodities and also gold & silver headed down a lot (prolly because of the a little bit stonger USD, who knows?). my recently bought 6 companies in my new lynx-brokers account are still down abt 3% as they already came up from -10% this week ...

    nevertheless, there was 1 highlight 2day! acadiaaaan mining, finally! this gold/zinc explorer stock was up +38.46% today, intraday even +61.54% and the volume was approx 20 times the usual stake (4,753,752 shares instead of 239,800). any reason? not really as the company news message abt some stupid drilling results was IMO by far not soooo bombastic as the much better news releases in the last few weeks/months .... who cares? mr. market decided 2 go up 2day, so let's respect that!

    well, acadian mining is (behind scorpio mining and novagold) my 3rd largest position and it was +2,800 €uros in germany 2day and its latest quote is 20% above my average price! hell, the stock fell a little bit down in late trading hours and closed approx @ my break-even point in canada => it should go down by approx 1,000 €uros in germany tomorrow morning => anyway, my portfolio reached a new all-time-high (btw, it is +21.07%). thx, mr. market, thx!

    damn, that investment stuff is sooo easy :-)

    antworten


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