Due to a severe temporary drinking problem, yesterday’s trading updates are being presented today. Today I did not sell the last of my leveraged ag ETF (TSX:HAU) to buy more short gold shares ETF (TSX:HGD), and I also didn’t sell some long gold shares ETF (TSX:HGU) to buy FTSE Xinhua (pronounced “footsie shinwaa”), the Chinese blue [...]
Entries from December 2008
December 29, 2008
“… no Americans in Baghdad!” :)
In the early 200o’s I used to correspond with Bill Hanley, a financial writer who had regular financial columns in the National Post, and would write silly little skits and commentaries as part of that correspondence. One time I also submitted a sketch idea for the Canadian comedy show Air Farce. The context at the [...]
December 28, 2008
Testing RSS
Hi guys,
This is just a short test of my RSS subscription widget in the right hand column.
I’ve just bought a new computer, and this version of Outlook has a feature that lists all of your RSS (Really Simple Syndication) feeds automatically when you subscribe to them. (It’s like one of your email folders). Internet Explorer 7 also [...]
December 24, 2008
TU#114; Christmas trades in the oil patch
After a pretty quiet couple of days, my REAP system has drifted into two more re-allocation trades on a sleepy Christmas Eve morning. As I look outside a few flakes of snow are starting to flutter downward, completing the lazy mood.
Energy, oil at least, is completely in the toilet now. After yet another unexpected inventory increase, [...]
December 18, 2008
TU#113; one trade today – should’a been more
There was one REAP re-allocation trade, but there could have been more yesterday – two nice ones involving gold – had the TSX been OPEN. (Some piece of network gear took it down for the whole day.) Yesterday saw a huge surge in gold and gold stocks, and it would have been the perfect opportunity [...]
December 16, 2008
On Minneapolis, and a very unique client
I was just corresponding with Jeff Watson, my trader friend who was for many years a successful grain trader on the floor of the Minneapolis Grain Exchange. Jeff, who still owns seats there is returning this week to participate in the last day (ever) of open-outcry trading at the MGEX. If you’ve ever seen the movie “Trading Places” [...]
December 15, 2008
TU#112; the oil pop I’ve been waiting for
The very tiny oil pop. At least it was enough to create a sell-side trade in the oil ETF. As commodities moved higher again a bit today, with gold and oil doing so more significantly, three of the four ETFs trading today were commodity ETFs.
REAP TRADES
#
Trade
Qty
Stock
Symbol
Price
Grp
200
Sold
34%
HBP Cr Oil Bull+ ETF
HOU
@
$3.51
1
200
Bought
78%
ProSh Ult Financials ETF
UYG
@
$5.26
1
201
Sold
50%
HBP [...]
December 14, 2008
Uncle Matt’s movie
On a snowy Saturday afternoon, we rustled up the family and a couple of the kids’ friends into two carloads, and went to see the 4:40 showing of “Outsourced” a great little comedy about a call centre manager (Todd) who gets sent from Seattle to India to train his replacement and the new Indian staff. The story [...]
December 14, 2008
President Bush survives shoe attack
This evening at a press conference in Iraq, an Egyptian journalist threw two shoes at George Bush in rapid-fire succession, which the president deftly avoided.
Given the lackadaisical Secret Service response – no agents dived to take a shoe for the president, nor returned fire with their own shoes – the breakdown in security was considered complete, and [...]
