Getting Assigned

More profit taking, this time forced.

Selling Waste Management (WM) @ $35 for a 14% total return.
Selling LINN Energy (LINE) @ $32 for 30% total return.
Selling Kimberly Clark (KMB) @ $65 for a 9% total return.
Selling the aforementioned Mosaic (MOS) @ $67.50 for a 2.6% total return just this week.

Taking profits, Initiating new trend positions

Bought Ultrashort 20+ Year Gov Bonds (TBT) @ $34 (Stop @ $31) ; Target $37
Bought Agrium (AGU) @ $86.68 (Stop @ $83)
Bought Rosetta Stone (RST) @ $21.14 (NS)

Sold a lot of GDXJ @ $36, 25% total return
Wrote covered calls on all my long gold stock positions (except AUY) capped at 5% additional upside

It's 6AM do you know where your BOJ is?

The yen is now essentially at 81. Where is the bank of japan to be found? Not throwing money in the fire yet. Much more of this and the dollar is going to get routed, quickly.


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Long live yellow

Out of my gold shorts for a 4.3% loss. My gold miners more than made up for it. Next target $1450.

Sold Verizon for $32.40, a handsome 27% total return. I'll buy back VZ back below $30.

Sold Silver Wheaton (SLW) at $27.20 for a breathtaking 45% return in 2 months!!

Will write some in-the-money puts on SLW in the meantime.

Mosaic

Great short-term buy-write. Buying Mosaic for $66.76. Wrote an OCTOBER $67.50 for $1.10.

$174 potential profit (2.6% or downside protection) with 5 days left to trade.

Gold topping

ST top is in on gold, $1364. First pullback is to $1300.

Bought 1000 DZZ at $8.99 to hedge some downside risk (not all, of course).

This bear has gone into hibernation

All 2000 sds sold for an 9% loss.

I'm hiding in my gold stocks and value stocks. If I called the top so be it. Let the chips fall where they may.


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