Goldcorp seems to be stuck at $30. Its funny, all this trouble in the Ukraine didn't seem to do anything to gold. It quivered, but that's about it. Silver moved up more. Oh well, just got to watch it.

Well, finally I'm at the point where I'm not underwater with Goldcorp. Across all portfolio's I'm probably breaking even. It just goes to show, don't jump in until you see an upturn, or you may be holding it for a long time.

Actually, from last June till now I've done just about everything contrary to my investing thesis. I bought Goldcorp while it was still going down, hung onto it as the drop passed 5, 10, 15, even 20%, and sold other winners.

I didn't sell Goldcorp because I was, and still am, sure it would turn around an go higher. I'm aiming for a high of $50.

I sold other winning stock because I wanted to gather enough money to pay my mortgage off, and I did.

In dribs and drabs I've gathered little bit of money and bought HSBC, TD, and a tiny tiny amount of Royal Bank. All the banks are doing well and pay a fairly good dividend. So, I am pretty happy. Now just for Goldcorp to go higher.

It seems to have taken an awful long time, but  finally Goldcorp is going up.

The order I put in is now up 27.31%


I'm happy; but you know what? I think original rule of waiting to see a 5% upturn before buying really is valid. For about a month I've been on edge wondering if I did something smart or stupid.

For the cost of 5% upside or 0% downside I could see if the trend was up or down. I could see if I was making a smart or stupid move.


So, again, I guess I need to slightly revamp my rules for trading. Waiting to see at least a 5% upturn before buying is in general, a good idea; always. Same for selling on a 5% drop.

There was a huge downturn on the markets yesterday. Goldcorp was down to $25.05 and I just could not resist buying. I put in an order and got some for $25.07.


So, I guess I need to slightly revamp my rules for trading.  Waiting to see  5% upturn before buying in general, but not always. Same for selling on a 5% drop.

Rules. They are like women; can't live with them, can't live without them.

"The best-laid schemes o' mice an' men
Gang aft agley,"

I was going to buy some apple and Boeing, but my father, who is 92, wants to buy an apartment, doesn't have quite enough money for the down payment, and asked if could lend him some money.

So, Apple and Boeing will need to wait.

Things are looking pretty good. I really should have considered selling TRP, because it has dropped 6.03%, but I was away last week, and I don't want to be too jumpy, too trigger happy.

Gold stocks:
This week [Monday June 3, 2013]
Description               symbol  Unrealized gain/loss %
BARRICK GOLD       ABX          +18.03%
GOLDCORP NEW          G  +4.23%
YAMANA GOLD        YRI  +0.08%
Last week
Name                       Symbol             gain/loss %
BARRICK                   ABX             +2.50%  
GOLDCORP                    G               -9.67%
YAMANA                    YRI             -12.79%

My energy related stocks:
This week [Monday June 3, 2013]
Description               symbol  Unrealized gain/loss %
TRANSCDA                TRP           +9.91%
CENOVUS                   CVE          +4.64%
Last week
Description               symbol    Unrealized gain/loss %

CENOVUS                   CVE          +4.53%
TRANSCDA                TRP          +15.94%

I'm looking at Apple and Boeing.

     Apple [AAPL] is $450.72 up (0.22%) today. Its  52 week range is  385.10 - 705.07. Its P/E is 10.76

     Boeing (NYSE:BA) is $100.74 up (1.74%) today. Its  52 week range is  66.82 - 101.47. Its P/E is 18.89.

Actually Apple looks more attractive to me [lower p/e, not near 52 week high], however Boeing has a stronger upward trend. Boeing has a new cutting edge product [the dreamliner] while Apple still has the same products. I don't know; I think I've got to buy both.

This post is actually for May 20th.

Things are looking pretty bad for my my Gold stocks. Everything is down, and significantly down. If I followed my rules closely I would have sold everything almost as soon as I bought it. I just can't though. I may have bought too soon, but I just know they are going to go up. I just know, so I'm hanging on.

This week

Name                Symbol             gain/loss %
BARRICK        - ABX                 +2.50%
GOLDCORP    - G                          -9.67%
YAMANA        - YRI                    -12.79%


Last week
Name                Symbol            gain/loss %
BARRICK         - ABX                +10.19%
GOLDCORP     - G                        +0.19%
YAMANA         - YRI                     -4.07%



My energy and pipeline stocks are doing quite well however.

This week

CENOVUS       - CVE                    +4.53%

TRANSCDA     - TRP                  +15.94%


Last week
Name                Symbol            gain/loss %
CENOVUS        - CVE                   +1.16%
TRANSCDA     - TRP                  +13.55%