Sold all my Yamana Gold

Sold all 2000 Yamana Gold (AUY) @ $17.40, cost basis $12.05, for a 46% gain with dividends.  Will buy back at lower prices.

I think the rout in $GOLD may continue down to $1650.  Alot of positive momentum was destroyed today technically.

Conoco Cup & Handle

ConocoPhillips (COP) looks to have made a multi-year cup and handle pattern on the weekly chart.  The measured target for this stock is $120.

With Oil prices in a bullish inverted head and shoulders pattern, and natural gas having seemingly found a bottom, this stock appears poised to move significantly higher.  Long and strong.

Housing Prices Bottoming in DC

Housing prices appear to be statistically bottoming in the DC metro area.  Year over year price trends are positive in all percentiles -- which is the first time that's happened since 2005.  And inventory for sale is extremely low  -- the lowest its been since housingTracker started keeping track.  This is, at the very minimum, bullish for a bottom.  We're not going to take off like a rocket ship -- especially with federal budget cuts looming -- but the corner appears to be turned.

http://www.deptofnumbers.com/asking-prices/district-of-columbia/washington/