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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: No Mo Mo who wrote (19162)6/1/2010 3:58:14 PM
From: JimisJim   of 48092
 
OT: No Mo Mo... Didn't say we'd be leaving CA, though that is a possibility, just said we're selling the family house that is now bigger than we need... we'll probably downsize in CA to something much smaller and it will become the vacation home, while the summer place and RE we have in No. Mich. will become our primary residence.

I suspect that as long as our daughter stays in CA (whether Northern or SoCal), we'll keep some sort of place there.

I'm in Mich. right now taking care of some maintenance and upkeep after driving my folks up from their winter home -- they are now too old to make the trip themselves, let alone get everything here ready for another season (they stay here through Oct. and typically come up in late april early May, but couldn't this year because they I was the first/earliest ride they could catch.

OK, bringing it back closer to on topic... I sold all of my trading shares above $7.25 and started buying them back in the mid 4s. Just sitting on BPZ at the moment. It will go back to 7 IMO this year, possible higher... That $6.80 offering is still out there and acting like a magnet. If not for the BP disaster and the POO haircut, BPZ would be close to $8 right now.

So I will swing trade my trading shares, buying in mid 4s and selling above 7. Added 20% to core position, averaging UP just a wee bit.

Good luck,
Jim
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