Taking profits in Gold miners, rotating

Sold 1000 Yamana Gold (AUY) @ $12.70. 16% gain on this lot; still have 700 left. Bought 100 GoldCorp (GG) @ $54.80.

I don't really like the severe underperformance (relative and absolute) of miners vs. the metal. We've kissed my $1570 target for the metal from the IH&S pattern so I'm getting a bit cautious and getting smaller.

Definite rotation underway from $Silver to $Gold, at least in the momo trade.

Gap and Crap

Out of SLV @ $46.50. I'll take a ~6% gain in a few days. I didn't like the gap and crap.

No 'mo

Out of Phillip Morris (MO) @ $26. It provided an awesome total return of 49% (cost basis $18.25) including its fat dividend.

I'll buy this stock back in the low 20s, should it come back to me there.

The ride continues

Picked up 200 SLV @ $44.07. Selling at the first sign of weakness, but right now the parabola is in full effect.

Picked up 500 AUY @ $12.75, with a stop on these 500 @ $12.20

Liquidating Miners

$GOLD price action looks scary to me today, might be due for a nasty pullback. I unloaded 1200 AUY @ $12.96. Still have a 1000 left. Got a nice 20% gain in. Of course I will buy back with lower prices.

Wrote covered calls on all of the GDXJ I own, as well.

Out of horrible price action stocks

Silver Wheaton (SLW) and Patriot Coal (PCX) price action recently has been terrible, despite the parabolic rise in Silver and the moderate rise in met coal. Sold them for a 28.5% gain and 15% loss, respectively. SLW had reached my earlier $45 price target.

Buying the dip on Monsanto

Buying Monsanto (MON) @ $70 on the earnings-induced weakness. Writing April $70 Puts, too.

Going Japanese

Adding 100 more to my Japanese market position, MSCI Japan ETF (EWJ) @ $10. Shorting the Yen via 100 of the UltraShort Yen ETF (YCS) @ $17 in the PM.