Thursday, June 9, 2011

Market Rumination

So far, so good. We have finally arrived, I think, maybe, perhaps, possibly at the turning point I thought we were at a year ago. I think the stock market is correcting. I think the dollar is going to start going up. I think gold, and later on, oil will go down and I'm still confused by Treasuries. The price is going up which means deflation instead of going down which means inflation. I don't know what to make of that. However, as the old saying goes, a picture is worth a thousand years. Today I will enclose a small snapshot of my current positions and will try to post them weekly. Each of these was entered soon after the price moved above the moving average line. To keep it simple I have rounded the purchase price up or down to an even figure and have chosen the arbitrary number of 100 shares to make the math easier. As I buy and sell these funds you will be able to see what has taken place. Here goes. 


SymbolShrsPrice PaidTradeChangeGain/Loss
DUG10030.0030.02 0.00Up $2.00 Up 0.07%
DXD10018.0018.33 0.00Up $33.00 Up 1.83%
JAHYX1007.509.20Down 0.03Up $170.00 Up 22.67%
UBT10077.0086.22 0.00Up $922.00 Up 11.97%
$$CASH-3,750---

Total



Up $1,127.00 Up 8.51%

 

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