Hello Pezz, The I Just Dunno Report:
Abandoned lines of control, gave up positions, chucked up what was good, skedaddled, scrammed, got out of harms way, and generally turned tail and melted into the scenary.
(1) I chucked up most of my Connacher finance.yahoo.com , at CAD 4.10/shr, so as to even thinking about living another day, having earlier bought
Message 22429970 4.58
Message 22406390 4.23,
Message 21583118 2.42,
Message 22311756 5, and
Message 22337695 4.85, and took home a 10.Odd% aggregate loss . . . oh well, I am happier ;0/
(2) I got away from all of my not-so Golden Star finance.yahoo.com at 3.05
Message 22221841 3.20,
Message 22406466 3.57, and am nursing a wound of whatever . . . doesn’t matter, for I am thankful ;0
(3) I reversed course again on the two lonely Australian trades Message 22488634 Australian Wheat Board and Record Investment, at breakeven . . . call me more decided this time around … likely the earlier course reversal was done in a rapid deployment Internet brokerage account, and so at least the brokerage commission wasn’t much ;0(
(4) General policy from this point forward is to “Sell what the Japanese want to sell”, as opposed to the earlier “Buy what the Chinese wants to buy”
(5) The good news is, after having turned into a de facto Canadian citizen by way of currency allocation, while still using USD/HKD as base currency for accounting, I am winning big time. I am edging close to the YTD high watermark again ... hooooray.
Of course, had I chosen Zimbabwe Dollar as base currency, I would be achieving outrageous annual returns.
Chugs, Jay
P.s. <<When in doubt some dry powder is sometimes a good thing>>
I think this be the way forward, selling to the sleep point, then to the happy sleep point, by making powder, and then, at some psychological moment, mineralize the powder into gold and silver. |
