Blog Detail
The Mean Old Investor
http://themeanoldinvestor.blogspot.com/
Let's see how I do with an imaginary $10,000 account from my study in Hooverville USA
- Added on: Nov 10th, 2009
- Country: United States
- Language: English
- Author: Jim
- Listed in: Global Economics US Economics
- Tags: gold investing mutual funds crash collapse meltdown
Recent Posts
Update 12/8
Will put in the order to "sell" march copper at $3.08 with a three cent trailing stop as it took a hard dive today and finished near the day's low (closed at $3.15ish), portending a lower opening. The USD has had a few good days upwards of late, whic...
Update 12/6
Well my copper opened at $3.1875, more than the three cent trailing stop, and so a loss of $.0175/lb on 25,000 lbs = a loss of $437. Whoops.. can't win 'em all. This puts my imaginary account at $12,900. Not too sure where we go from here.. markets s...
Update 12/4
Well copper hit my buy at $3.20 and settled at $3.2375. Today the USD strengthened considerably and gold took a terrific tumble, though copper held up well on good economic news. Not too sure where copper is going now if the USD strengthens and the e...
Update 12/3
Going to change up on the copper order.. today it was down to $3.17, so will put in two orders: one to "buy" at $3.20 and a goal of $3.25 with a three cent trailing stop; second is to "sell" at $3.08, again with a three cent trailing stop.Today there...
Update 12/2
My copper play paid off again.. I "bought" March copper at $3.20 yesterday; it closed yesterday at $3.234; todayit went up to $3.26 and so I was out at $3.24 for another $1,000 profit, bringing my imaginary account to $13,027 now. It also closed near...
Outlook for 2010
In a word... stagflation.{FACT #1} Bernanke will NOT allow deflation or a meaningful rise in Bond rates. Period, end of discussion.{FACT #2}.. if in doubt, refer to Fact #1 for guidance.1. "Jobs" Bill: Not sure how big, but the politicians are a tad ...
