+5.57 % today ... folks, it's crazy!

yeah! that kind of market is the one my portfolio likes! gold/silver rising + my stocks soaring!!! what about the general stock market? the downsizing process continues week after weeeek <=> today next 2% decrease => dow jones industrial average again bellow 8,000 points! do you still believe in the buy-and-hold-strategy for blue chips?

what does all that mean? hmmmm, i think it means that people do not longer believe in the stupid over indebted western governments + their corrupt dirty central banks + their overstressed printing presses + ... + (finally) don't believe in paper money produced out of thin air! welcome to the next monetary reform which will wipe off the already unpayable western debts and (as always) destroy the middle class. well, that is our bill for our stupidity for voting sooo incompetent politicians for sooo long!

hell, my over all balance is still highly negative -49.60% ;o((. but it is improving strongly week after week since last november :o). chakha!

+3.79% today :o)

foks, i do believe that now is the right time to invest in gold/silver stocks :o))

my portfolio soared 3.79% percent today, the gold/silver stocks could by far overcall the 6% losses of my energy stocks (conoco phillips + penn west). well, my portfolio performed much better than the general stock market:

DJIA -2.70%
nasdaq -3.50%
s&p -3.31%

well, hopefully can my stocks make up all losses from 2008 soon, but there is still a long way to go ... i'm currently approx. 52% down from my initial purchase price ;-((

siemens: annual shareholders meeting

folks, i've visited the annual shareholders meeting @ siemens today, so i could improve my dividend from the culinary perspective a little :o). well, the food wasn't bad and i drunk a lot of coffee too, so it wasn't bad there :-). as siemens is heavily involved in the infrastructure business i was really curious about their perspective at the current economic + financial crisis. i believe they will probably profit in some way in increased volume in (government sponsored?) projects concerning energy efficiency, energy generation, worldwide CO2 goals, etc. ... who knows?

was the event worth the day off in my office? it's hard to say, i could imagine also a nicer holiday, but i've met a former siemens-colleague there and i still have many overtime hours, let's take them off till it is allowed and let's's join also the annual meetings of my remaining munich-based companies bmw, linde, man + allianz! do you still remember my primary motivation for purchase of all these companies? no? pls look-up here (see 12/04/2008).

the main topics @ shareholders' meeting?
siemens corruption affairs, infrastructure investments, financial crisis, constant dividend, optimistic outlook for 2009, business with iran, salaries of directors, renewable & nuclear energy (yep, siemens privides both), ...
~~~
... the 2011 event

-1.08% today ...

... folks, it's soooo pitty, but my gold/silver/commodities stocks portfolio doesn't go up every day :o)) ... -1.08% today ...

in canada/usa fell the most of my silver positions further, so there will be probably a slight decline in my german bank account also tomorrow morning .... but at least my biggest positions novagold + u.s. gold + scorpio mining performed quite well, so the decline shouldn't be too heavy :-))

+5.68 % ... a next nice day 4 my portfolio :o)

GOLD, SILVER, AGRICULTURE !!!

:o))

my portfolio is up +4.94% today :o)

gold + silver rallied today (about +5%), so did my portfolio :-)). what a nice correlation, isn't it?

the general stock market didn't move much: DJIA -0.56%, s&p +0.54%

what about the banks/financial sector? well, i've found some funny thoughts of bill bonner in his today's daily reckoning, so read + enjoy:

Bankers don’t make loans in the hopes of getting ‘good citizenship’ awards. They lend money when they think they can make a buck. The remarkable thing is that thay're so bad at it. They lent recklessly when there was little hope of getting their money back. Now, with the widest spreads in history – the difference between their cost of money and their return on it – it’s easier to rob a bank than get a loan from one. There are two explanations for this anomaly – both of them wrong... :o))

Among the queerest financial stories of the last week was the proposal to create a ‘bad bank.’ It hardly seemed necessary. There were already dozens of them. The idea is to transfer all the sins of the bubble era to the ‘bad bank’ – funded with public money. Then, the bad bank will be crucified so that the rest of us can have life, and have it more abundantly ...
But if the ‘bad bank’ idea could work, why not create a super baaaddd bank? We could use it to get rid of all our mistakes. Writers could unload their bad novels. Businessmen could sweep their errors under its broad carpet. What the heck, let people get out of bad marriages without penalty; the super baaaddd bank could pay the alimony and divorce costs.

wall street didn't like barrack ...

today was the 1st day for barrack hussein obama as the new u.s. president ... wall street's reaction?

DJIA -4,01%
S&P500 -5,28%
nasdaq100 -5,14%

the sharp decline in S&P500 was again 'led' by the financial sector:

(soon?) bank-rupt banks (click 1x on the picture :o)

well, the wall street probably likes republicans more, but history teach us that stocks perform better 'under' an democrat president ... IMHO there is nobody worse than ruinator george w. bush !!! let's hope the economy will recover again soon :o))

good luck, barrack!

cold comfort: gold +2.51% and my gold/silver/energy portfolio +1.91%

craaaazy silver +6.31% yesterday

folks, foks, folks!

are the financial markets completely crazy or just the people acting there? do YOU have an answer? me not :o((.
my guess: this crazy volatility (e.g. 6% up, 10% down, again 4% up :) reflects the PURE FEAR + PANIC OUT THERE !!!

silver +6.31%
gold +2.98%
corn +6.85%
...
oil -1.51%
DJIA +0.84%
S&P500 +0.76%
nasdaq100 + 1.24%

what about my posititions? well, after my lovely, pretty, bonny silver was stopped out a week ago @ 11.06 (and fell later to 10.55 and is $11.28 now ;o(), i had no silver-CFDs to profit from yesterday's huge increase. nevertheless i have to use stop limits in my CFD account, because all positions where i had stops like silver, sugar, coffee were stopped out after nice profits and just the 2 without stop limits (natural gas + orange juice) lost money, so i had not enough margin coverage on my account to re-enter some of my winning positions ...
=> CONCLUSION: my mistake was not to place stop limit orders for silver + coffee + sugar, but not having stops for gas + o-juice !!!!!

my remaining positions:

henry hub natural gas -1.23%
orange juice +1.27%
my commodity stocks i.e. real shares, not CFDs! why? i wanna own parts of some wonderful companies and not just CFD-paper rallied thx to silver & gold & mr. market today: +4.91%

traders club in munich

folks, today i've joined the weekly traders club in the centre of munich (see www.traders-treff.de). there were few very strange individuals, but probably are the most traders / investors / money-maniacs somehow strange :o). some of the folks there were very, very old, ... some of them absolute beginners, some others experts ...

well, it was a great opportunity to discuss the current developments on the financial markets, the sense (or nonsense?) of the present political solutions to the current financial crisis, inflation, the gold + silver market, ...

let's join them once in a while :-)

sugar + coffee stopped out ... next crashy monday

folks, the 2008's tradition for crashy mondays seems to continue also in 2009 => ???

well, we are in the epicentre of a huuuuuge financial crisis (and especially a huuuuge fiat money crisis), but look at commodities today:

• oil -5.32%
• silver -6.79%
• gold -4.08%

... is it just sick or are the actors at the u.s. futures markets ('paper commodities') playing a strange monopoly game? let's look tomorrow at the physical gold/silver markets if there will some dealer sell any real commodities at these low, low, low price levels :o). if yes, buy as much as you can afford, these prices will IMHO not last too long! maybe are the next few weeks the last chance in our lives where we can buy gold, silver, oil, natural gas etc. sooooo cheap!

btw, i bet the physical gold/silver will be EITHER much more expensive OR not available at all OR both!


sugar + coffee stopped out ... small profits anyway :o))

item--------------: sugar
units--------------: 1
trade type--------: long
order type--------: market buy / limit sell
entry date--------: 12/22/2008, 09:36
entry price-------: 10.97
initial stop loss--: ???
new stop-loss----: 11.06 >> 11.55
exit date---------: 01/12/2008, 19:13
exit price---------: 11.55
profit (loss) in %-: 5.29%
profit (loss)------: $ 58
reason why + strategy: sugar is like the most other commodities in my opinion soooo unbelievable cheap! and the financial crisis is out there! damned hell, do i really need some other reason for that trade? no, i do not! let's bet some money on my opinion, ok?
lessons learned: ... position stopped out on a huge commodity & stock market sell-off, the bottom wasn't far away from my stop-limit. 3 days later came the price even back to its former level ... nevertheless let's ALWAYS use stop limits


item--------------: coffee
units--------------: 1
trade type--------: long
order type--------: market buy / limit sell
entry date--------: 01/05/2008, 15:34
entry price-------: 107.4
initial stop loss--: ???
new stop-loss----: 108.2 >> 109.3 >> 111.1 >> 115.2 (pretty close to current price (just ~ 2.5% bellow) as the fear in the markets was overwhelming these days. so i didn't like to lose all my profits because of some stupid sellers who sell their futures at every price, doesn't matter how low!
exit date---------: 01/12/2008, 19:24
exit price---------: 115.2
profit (loss) in %-: 7.26%
profit (loss)------: $ 78 => pretty nice run, isn't it?
reason why + strategy: the coffee market is not much different from the sugar market! coffee is like the most other commodities in my opinion soooo unbelievable cheap! and the financial crisis is out there! damned hell, do i really need some other reason for that trade? no, i do not! let's bet some money on my opinion, ok?
lessons learned: ... position stopped out on a huge commodity & stock market sell-off, the bottom wasn't far away from my stop-limit. 3 days later came the price even back to its former level ... nevertheless let's ALWAYS use stop limits

natural gas long $5.60

new trial ... and pls don't get confused about the day of week (=sunday)! it is already monday in germany :-))

item--------------: natural gas
units--------------: 1
trade type--------: long
order type--------: market buy
entry date--------: 01/12/2009, 01:31
entry price-------: 5.60
initial stop loss--: none! i hope my account is big enough to 'survive' a small decrease in that position! gas cannot fall to zero, can it?
new stop-loss----:
exit date---------:
exit price---------:
profit (loss) in %-:
profit (loss)------:
reason why + strategy: natural gas is in my opinion so unbelievable cheap! and the cold winter months are already here! and russia stopped its gas delivery to many european countries as it cannot find an agreement with ukraine about the gas price for ukraine's consumers (+ about the pipeline commissions?). damned hell, do i really need some other reason for that trade? no, i do not! let's bet some money on my opinion, ok?
lessons learned: ...

peak oil? silver & gas stopped out ... small profits achieved :o)

... small profits achieved :o) ...

item--------------: silver
units--------------: 1
trade type--------: long
order type--------: market buy / limit sell
entry date--------: 01/05/2008, 15:32
entry price-------: 10.83
initial stop loss--: none
new stop-loss----: 10.84 >> 11.06
exit date---------: 01/07/2008, 15:36
exit price---------: 11.06
profit (loss) in %-: 2.12%
profit (loss)------: $ 23
reason why + strategy: silver is in my opinion so unbelievable cheap! and the financial crisis is out there! damned hell, do i really need some other reason for that trade? no, i do not! let's bet some money on my opinion, ok? folks, i would like to hold this position much, much, much longer. how long? at least till silver reaches its 2008's temporary high @ 21 dollars, that would mean a profit of about 1,000 bucks on that single position! well, my current account size is much too small to risk a (possible!) temporary decrease in silver price, especially because the usd is strengthening a little bit against its small dirty paper buddy €uro recently. how low could the (comex) paper silver price fall? IMHO e.g. to the november/december lows, that would mean a loss of about 200 dollars for my account which is too much considering that my overall account balance is just $630.
lessons learned: ... even if the silver price fell to 10.77 after my stop-loss-event and after that it continued to climb higher (temp. highs on 01/08/2008 = $11.57 & on 01/09/2008 = $11.59), nevertheless let's ALWAYS use stop limits


item--------------: natural gas
units--------------: 1
trade type--------: long
order type--------: market buy / limit sell
entry date--------: 12/22/2008, 11:32
entry price-------: 5.25
initial stop loss--: ? (i can't remember anymore :-)
new stop-loss----: 5.66
exit date---------: 01/08/2008, 15:30
exit price---------: 5.66
profit (loss) in %-: 7.81%
profit (loss)------: $41
reason why + strategy: natural gas is in my opinion so unbelievable cheap! and the cold winter months are already here! and russia stopped its gas delivery to many european countries as it cannot find an agreement with ukraine (about the pipeline commissions? +) about the gas price for ukraine's consumers. damned hell, do i really need some other reason for that trade? no, i do not! let's bet some money on my opinion, ok? my stop loss limit should protect my remaining capital if i'm wrong :o). in this case i'm probably right as the price reached already the 6.22 level and it will most likely continue to climb higher, but today it fell down again as also oil corrected heavily :o(. well, i still have an additional open gas contract (bought on sylvester 12/31/2008, 18:32 @ $5.54)
lessons learned: ... let's ALWAYS use stop limits, in these crazy markets is every paper price for a commodity possible! imagine, today fell oil to $39.36. folks, it is crazy as the existing oil fields are drying-out (peak oil!) + there are no significant new oil discoveries being made in the whole freaking world for sooo long + the population is still rising and so is the oil & gas consumption ....

re-entry in silver + coffee & my fantastic wife

folks, this market volatility makes me crazy and my account also :o). are all that guys out there completely stupid? do they sell their positions on smallest market noise and do they buy them back when their hope is back again? are they not able to decide whether they wanna go long or short and stick to their decission? .... oooops, they do act like me :o)). do u think they also have low funded margin accounts and they also cannot afford to allow their positions to run against them for too long? hell, i hate that crazy-volatile-markets!

mr. market, pls plan your movements and fullfill your plan and pls DO NOT CHANGE YOUR MIND LIKE A GIRL CHANGES CLOTHES!

(i've stolen that line from katy parry's song hot n cold BUT i didn't steal the next line 'you PMS like a bitch, i would know'! why not? otherwise i had to start calling mr. market old lady bitch instead, this evil dirty ms. stock-exchange! well, i just steal from the best :-)

just a small example of today's moves of mr. market:

silver in the early morning: 11.70
silver in the early afternoon: 10.54 (folks, it is UNBELIEVABLE -9.91%)
silver in the late evening: 11.25 (it is 6.74% higher again!)

well, my silver long position was stopped out at 10.88 with profit of 1 usd (it is really just one usd). it is somehow pitty as there was already a theoretical profit of $83 in the early morning hours. well, that's trading, that's life ... few hours later i have opened a new position @ 10.83 after i've got a feeling that the bottom was behind us and the recovery is strong enough to proceed further :o)

btw, one of the reasons for that crazy drop in silver price was the much stronger usd (compared to its small corrupt paper buddy €uro), but don't worry, the coffee market acted nearly the same way:

opening: 110.6
high: 111.4
my long position stopped out: 106.3 (=> loss of $20)
low: 105.9 (hell, that's pretty close to my stop limit, isn't it?)
my re-entry: 107.3 (incl. spread + broker's commission)
close: 108.5 (=> current fictitious profit of $12)

what was my result of the trading day today? my broker's software tells me that thx to natural gas + sugar i've made €25.04 ($34.09). better than nothing, isn't it? before i left my trading platform for cinema my account balance was -50€. then i've watched with my fantastic wife the highly interesting but sad movie AUSTRALIA about the poor aboriginies in the WWII era.

... hmmmmmm, u would like to know why did i mention my wife is so fantastic, wouldn't u? well, there are more reasons and at least one of them is trading related => she doesn't complain too much about all that money i've lost on trading/investing in 2008 and she also agreed on investing additional €12,824 in precious metals stocks in the last few weeks [~approx. $17,000]. isn't she great? well, she is :-)