Yes the food angle is interesting in terms of the droughts in Argentina and Australia..

I wouldn't be so quick to poo poo solar though... http://peakenergy.blogspot.com/2009/01/first-solar-reaches-grid-parity.html

OK dithered back into HGU cheaper than my sell.. tight leash..

Still dithering on HGU..

In for a taste of HXU

I was indecisive on buying back my HGU.TO near the close.. Damn work gets in the way :O( Nice pop coming this AM...

an entertaining post on our current predicament
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=25389493

FWIW I gave back some gains and stopped out of my HGU this AM.. a profit is a profit..

My hedge fund did OK today despite Kingsway Financial :O) I think that is soon to be cash.. Should get a bounce I expect..

I hadn't realised that you're now running a broad based hedge fund(?)

Frank.. while I always enjoy and give weight to your market input.. it might be your sense of humour that I missed the most ;o)

One problem I've noticed with BetaPros is that they can trade like stocks.. ie.. gold is down but HGU is up because of anticipatory buying ... just like a common stock.. I like them also though, however watching the tape has taught me to be careful when I don't have time to watch the wiggles..
It's already common knowledge that these 2X (or Ultra etc) funds tend to have a lot of slippage in volatile markets.. so buy and hold seems a better bet with 1X funds.. XGD for example.. but for trading and cashing out 2X are great..

B

EDIT: looks like we were posting/editing in the same time continuum :O)

Har Har.. Ignore Rating Agencies
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=25375912

I'd lean a little more on the agencies.. surprised anyone cares what they say anymore but the ratings keep coming and keep being reported..


The Black Swan ;o)

Don't beat around the bush ROTF...

OK
1) yeah I don't see any big general bull on the near horizon.. or a quick recovery.. except in a few specific areas... a lot of which are shorts..
2) I'm still long yield.. but not in O&G .. some pipelines, power gen and infrastructure.. (I think the infrastructure is on watch already as the profits are quite good for me here already)
3) Long 2 Canuck banks but mostly National.. based on the retail business..
4) Some REITs but that is on close watch too..
5) I'm not sure about capitalism's death... but the markets as they've been ? Sure. I cringe every time I hear about getting consumers in the US (and Canada) spending again.. Must be some good dope being smoked out there... Folks need to repair personal balance sheets.. Recovery is a long ways off..
5) Long a junk bond fund..
6) Short ? Sure.. TBT, SRS, likely adding on dips.. SRS DIPPED Friday...
7) Long gold via HGU.. looking for some junior minors maybe... been a long time since I've held one of those.. I see your disconnect... which is why I'm long... We now have safe haven buying it seems..
8) Looking more for protecting what I have ideas.. besides putting under my bed..
9) Thoughts on physical gold..

B

OK So what's the verdict here on gold ?

disclosure .. still holding HGU.TO

good day for me except SRS.. but looks like it might have been a buying opty.. we shall see..

So the gold.. The attraction is ...

1) the chart ?
2) inflation ?
3) collapse of the USD...

Not all yet.. John,
I think much of the 'hitting' has been done though..
KMP is not a trust
STUDENT TRANSN AMER LTD (STB) not a trust.
NEW FLYER INDS & NEW FLYER IND (NFI.UN) not a trust
HOME EQTY INC TR UNITS (HEQ.UN) Turning into a bank LOL..
DDJ HIGH YIELD FD (HYB.UN) not a trust..

for starters.. and you are correct.. I may not be holding these past this year... especially the constructiion infrastructure..

B

You really won't know a lot of these LOL
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35318077

My biggest theme is still CASH, then YIELD... if reflation works.. it'll still be a while before commodities run again.. at least now I know a lot of the better names... senior and junior :O) I think there are lot of deflationary forces out there.. Inflation trade seems a bit crowded to me.. but I am always willing to change ... FAST.

Broken down on the long side:

Clean/Alt Energy:
* BORALEX POWER INC FD TR UNITS (BPT.UN) Biomass / run of river.
* NORTHLAND POWER INC FD TR UTS (NPI.UN) (not 100% but has wind)
5N PLUS INC (VNP) Solar materials supply.
SUNTECH PWR HLDGS CO ADR (STP) Solar.
ZENN MOTOR CO (ZNN) Electric Cars. Possibly EeStore ultracapacitor deal.
JA SOLAR HLDGS CO SPONSORED AD (JASO) Solar.
CLAYMORE EXCHANGE-TRADED FD TR (TAN) Solar ETF.

Healthcare:
* MEDICAL FACILITIES CORP INC PA (DR.UN) Specialty hospitals and day surgery.
* NORTHSTAR HEALTHCARE (NHC) Small healthcare centres Texas. Suspended divi. LONGSHOT lottery ticket..
* CML HEALTHCARE INC FD T/U (CLC.UN) Canadian Labs
ALLSCRIPTS MISYS HEALTHCARE SO (MDRX) Healthcare software

Infrastructure (a broad topic)
* AECON GROUP (ARE) Construction.. May have too much oilsands exposure now.
* ARMTEC INFRASTRUCTURE INC FD T (ARF.UN) Sewers, concrete etc..
* GENIVAR INC FD TR UNITS (GNV.UN) Construction.
* STUDENT TRANSN AMER LTD (STB) Bussing.
GENERAL CABLE CORP-DEL NEW (BGC)
* NEW FLYER INDS & NEW FLYER IND (NFI.UN) Bud builder.
* BOMBARDIER INC-CL A MULTIPLE V (BBD.A) Mass transit.
STANTEC (STN) Construction.

Financials (Canadian):
* AGF MANAGEMENT CL B NON-VTG (AGF.B)Mutiual fund company YIKES!!
* BANK OF MTL (BMO)
* KINGSWAY FINANCIAL SERVICES (KFS)
* NATIONAL BK OF CDA (NA)

REITS and similar:
* NORTHERN PROPERTY REAL EST INV (NPR.UN (Canadian government and large corporations biggest clients)
* CDN REAL EST INVESTMENT TR UNI (REF.UN) very conservative REIT
* KILLAM PROPERTIES (KMP) upscale trailer park boys :O)

MISC:
* HOME EQTY INC TR UNITS (HEQ.UN) Reverse mortgages
* DDJ HIGH YIELD FD (HYB.UN) Junk Bonds.
* KINGSWAY FINANCIAL SERVICES (KFS) Insurer / reinsurer.
* MORNEAU SOBECO INC FD UNITS (MSI.UN) Pension consultants
* PEMBINA PIPELINE INC FD TR UNI (PIF.UN) Pipeline
* SPROTT (SII) play on commodities mostly
* K-BRO LINEN INC FD TR UTS (KBL.UN) Linen supply.
PROSHARES ULTRASHORT LEHMAN 20 (TBT) 2X short 20year US treasuries
PROSHARES ULTRASHORT REAL EST (SRS) 2x short US realstate.

Retail:
* PARKLAND INC FD TR UNIT (PKI.UN) Gas stations / Convenience Stores
* SENTRY SELECT DIVERS INC TR UN (SDT.UN) Diversified trust..
COLLECTIVE BRANDS (PSS) Cheap shoes... great earnings.. again.. folks need shoes to look for work and food :O)

PMs:
HGU 2x long Toronto gold.

I've been watching that stuff amarks.. Posted on the Argentine and Australian droughts.. I see Mr. Chen is not looking that way ... I'm also looking at COW since Argentina is being whacked... I'm leery of the ferts though still.. preferring direct commodity plays.

The Black Swan ;o)

LOL I thought that green mailbox flag was my me talking to myself ;o)

Wow... what a lonely place this has become.. :o(

Sold my MSD today for 9.81 :O) looking to re-enter 8ish.. depends...

Have been accumulating more TAN, TBT and SRS.. last two are good performers lately..

Bought PKI.UN recently.. about 7.00 avg.. started position in KBL.UN.. and I'm long gold via ETFs... that's right.. long not short :O)

You are in the money nicely.. congrats. I'm a big chicken now.. I think back at how much of my PF was in KCL and FOS at one point and I cringe..

Of course I'm sorry none of my bids hit.. but cannot win them all ...

Yeah saw KCL.. but my stinkers never got hit. Would have been a great score..

OK I'm dense..

1) how do I EDIT a signature.
2) how do I delete a signature

Bought ZNN.V Electric Cars

FWIW... Added:
* BMO.TO: sub new issue price.
* NA.TO: 25-30... ABCP now backed by Government.. Market waiting to see if they issue more paper to raise their Tier 1 Capital ratio.
TBT: very small position... double short US treasuries 20year.. in and out and in for a loss.. maybe too early.. thinking long treasuries short oil trade getting stale.. ONLY for short term / swing trades this one.
TAN: Solar ETF... small position... lots of bids in lower... will watch action... looking to accumulate this one..
* MSD.TO: has intellectual property licenses .. good yield.
STN.TO: Infrastructure play.
* ARF.UN: got lucky and added more before the pop..
* HYB.UN.TO: High Yield bond fund.. Added a few more lower..


Mostly stink bids (quite stinky) on LT plays..

Again '*' denotes YIELD
Playing HED HXD HFD HGD as hedges... quantity and holding times very fluid.

Well folks..I'm off out west Sunday... in between Toronto Storms :o) so I just want to wish everyone a great holiday in case I have no net access out there..

B

My biggest theme is still CASH, then YIELD... if reflation works.. it'll still be a while before commodities run again.. at least now I know a lot of the better names... senior and junior :O)

Broken down on the long side:

Clean/Alt Energy:
* BORALEX POWER INC FD TR UNITS (BPT.UN)
* NORTHLAND POWER INC FD TR UTS (NPI.UN) (not 100% but has wind)
5N PLUS INC (VNP)
SUNTECH PWR HLDGS CO ADR (STP)

Healthcare:
* MEDICAL FACILITIES CORP INC PA (DR.UN)
* NORTHSTAR HEALTHCARE (NHC)
* CML HEALTHCARE INC FD T/U (CLC.UN)

Infrastructure (a broad topic)
* AECON GROUP (ARE)
* ARMTEC INFRASTRUCTURE INC FD T (ARF.UN)
* GENIVAR INC FD TR UNITS (GNV.UN)
* STUDENT TRANSN AMER LTD (STB)
GENERAL CABLE CORP-DEL NEW (BGC)
* NEW FLYER INDS & NEW FLYER IND (NFI.UN)


Energy:
* NEWALTA INC FD TR UNIT (NAL.UN) Converts to corporation Jan 1, Yield plummets to 8% also an outside the box 'green play'
* VANGUARD NATURAL RES LLC (VNR) a US MLP almost 2 years of hedges to protect distribution.. Priced as if NG cannot rebound in that time frame... wish I delayed the buy though..

REITS and similar:
* NORTHERN PROPERTY REAL EST INV (NPR.UN (Canadian government and large corporations biggest clients)
* CDN REAL EST INVESTMENT TR UNI (REF.UN) very conservative REIT
* KILLAM PROPERTIES (KMP) upscale trailer park boys :O)

MISC:
* HOME EQTY INC TR UNITS (HEQ.UN) Reverse mortgages
* DDJ HIGH YIELD FD (HYB.UN) Junk Bonds.
* KINGSWAY FINANCIAL SERVICES (KFS) Insurer / reinsurer.
* MORNEAU SOBECO INC FD UNITS (MSI.UN) Pension consultants
* PEMBINA PIPELINE INC FD TR UNI (PIF.UN) Pipeline
* SPROTT (SII) play on commodities mostly
* ING GROEP N V PREF CTF 7.3750% (IDG) Preferred shares of ING Bank
COLLECTIVE BRANDS (PSS) Cheap shoes... great earnings.. again.. folks need shoes to look for work and food :O)
* SENTRY SELECT DIVERS INC TR UN (SDT.UN) Diversified trust..



Hedges:
HORIZONS BETAPRO S&P/TSX CAPPE (HED)
HORIZONS BETA PRO S&P/TSX 60 B (HXD)
HORIZONS BETAPRO S&P/TSX GLOBA (HGD)
HORIZONS BETAPRO S&P/TSX GLOBA (HFD)

All hedges have tight stops here.. oil due for bounce.. financials ? Rebound overdone methinks.. MFC for example as other big lifecos will suck until market rebounds... Banks.. solid but rev's dropping until market rebounds.. most money from jacking up our fees :o(
Gold ? Never dropped enough...

FWIW What I own now:

* AECON GROUP (ARE)
* ARMTEC INFRASTRUCTURE INC FD T (ARF.UN)
* BORALEX POWER INC FD TR UNITS (BPT.UN)
* MEDICAL FACILITIES CORP INC PA (DR.UN)
* GENIVAR INC FD TR UNITS (GNV.UN)
* HOME EQTY INC TR UNITS (HEQ.UN)
* DDJ HIGH YIELD FD (HYB.UN)
* KINGSWAY FINANCIAL SERVICES (KFS)
* KILLAM PROPERTIES (KMP)
* MORNEAU SOBECO INC FD UNITS (MSI.UN)
* NEWALTA INC FD TR UNIT (NAL.UN) Converts to corporation Jan 1, Yield plummets to 8%
* NEW FLYER INDS & NEW FLYER IND (NFI.UN)
* NORTHSTAR HEALTHCARE (NHC)
* NORTHLAND POWER INC FD TR UTS (NPI.UN)
* NORTHERN PROPERTY REAL EST INV (NPR.UN)
* PEMBINA PIPELINE INC FD TR UNI (PIF.UN)
* CDN REAL EST INVESTMENT TR UNI (REF.UN)
* SPROTT (SII)
* STUDENT TRANSN AMER LTD (STB)
GENERAL CABLE CORP-DEL NEW (BGC)
* ING GROEP N V PREF CTF 7.3750% (IDG)
COLLECTIVE BRANDS (PSS)
SUNTECH PWR HLDGS CO ADR (STP)
* VANGUARD NATURAL RES LLC (VNR)
* SENTRY SELECT DIVERS INC TR UN (SDT.UN)
* CML HEALTHCARE INC FD T/U (CLC.UN)
5N PLUS INC (VNP)


I added these late Friday on stink bids.. I left the house and the market was up about 200pts only LOL..

HORIZONS BETAPRO S&P/TSX CAPPE (HED)
HORIZONS BETA PRO S&P/TSX 60 B (HXD)
HORIZONS BETAPRO S&P/TSX GLOBA (HGD) (started earlier in the week)

Those with '*' have yield...

60% cash ... tight stops on the shorts.. which is where most of the cash change went...

What I currently own: FWIW :O)
Company Name

GENERAL CABLE CORP-DEL NEW (BGC)
BORALEX POWER INC FD TR UNITS (BPT.UN) *
MEDICAL FACILITIES CORP INC PA (DR.UN) *
GENIVAR INC FD TR UNITS (GNV.UN) *
HOME EQTY INC TR UNITS (HEQ.UN) *
DDJ HIGH YIELD BOND FD (HYB.UN) *
ING GROEP N V PREF CTF 7.3750% (IDG) *
KILLAM PROPERTIES (KMP) *
MORNEAU SOBECO INC FD UNITS (MSI.UN) *
NEWALTA INC FD TR UNIT (NAL.UN) *
NEW FLYER INDS & NEW FLYER IND (NFI.UN) *
NORTHSTAR HEALTHCARE (NHC) *
NORTHLAND POWER INC FD TR UTS (NPI.UN) *
COLLECTIVE BRANDS (PSS)
CDN REAL EST INVESTMENT TR UNI (REF.UN) *
SPROTT (SII) *
STUDENT TRANSN AMER LTD (STB)*
SUNTECH PWR HLDGS CO ADR (STP)
VANGUARD NATURAL RES LLC (VNR) *
CML HEALTHCARE (CLC.UN) *


The issues with an '*' have yield.

75% cash.

We had snowflakes in Toronto this evening.. No accumulation.. but -1 tonight.. Global warming is here :O)

Heresy LOL

I don't disagree at all Red... I did say ... then we go up... for a while.. Maybe I should drop in on the Tiger thread and see what you guys are up to :O)

Red everything is going down until the US congress finally farts and passes the wind of change with the bailout process.. then we go up... for a while.. we have a good spate of cleansing ahead I think.. lots of volatility.. lots of opportunities...

Hope you get a few lobster dinners in man.. food is great out east..

Methinks the entire commodity complex needs to rest..

My China bull play right now is MFC

I'm 65% cash... and looking to lighten this week.. Uncharted waters here for me..

I was gonna add a religious comment to my previous..... good one.. :O)

poping Are you missing an o or a p LOL..

I was on the bid but missed...

CNQ also matches up pretty well but I only tried mostly large cap Canadian stocks.


Still Chicken here..

Explorer won't be ready until 4 ... :o(


Now I need to look for a small car ...

OUCH!! VNP not working out for me :o( Still in for now..

Something is gonna pop here short term... if you can pick it good coin will be made.. I have no clue..

Peter Brieger on BNN says oil close to bottom.. BUT I look at this chart of Suncor.. The purple line is $WTIC ... note the out of phase section in July... Stocks leading crude.. Now I heard about a brand new chart picture the other day... Mother and Baby.. Where baby is a continuation of mother.. Looking at the chart I cannot determine but a high probability that stocks may be leading crude again ? ... I really don't know.. which is why I'm 81% cash... I don't see a reasonable bet either way..






Mostly CASH but solar Powered

Lots of stops hit. 81% + cash

Murray Mclaughlin comes to mind :O)

Another Haynesville?
This is why I got in early in all the shale players in Quebec.
JNX.V ATI.V GMR.V QEC.TO PCQ.V and CQM-h.V

Talisman Energy Announces Successful Test in Quebec
Tuesday September 2, 6:54 pm ET


CALGARY, ALBERTA--(MARKET WIRE)--Sep 2, 2008 -- Talisman Energy Inc. (Toronto:TLM.TO - News) (TLM - News) announced a successful test from the Utica shale in its Gentilly well in Quebec. The Gentilly well is located on the south side of the St. Lawrence River, approximately 100 kilometers south of Quebec City. Talisman holds a 75% interest in the well and is operator.

The well, which is a re-entry to a previously drilled Trenton-Black River well, flowed at 800 mcf/d from one completed interval on a sustained basis during the 18-day test period. At the time of shut in, the well was still cleaning up and pressures and flow rates were constant.

"We are encouraged by the initial results of this vertical well," said John A. Manzoni, President and Chief Executive Officer. "We have additional testing to do on the well, including zones within the Basal Lorraine and Lorraine shale formation, but this is a very promising start to our unconventional program in Quebec."

The Lorraine shale sits on top of the Utica and can be up to 6,500 feet thick. The Utica shale ranges between 300 and 1,000 feet. Early indications show that both the Lorraine and Utica rocks are thick, porous and appear brittle and over pressured, all of which are conducive to artificial fracture stimulation.

Talisman has an extensive land position with an option to earn 760,000 net acres through drilling in Quebec. The Company is in the early stage of evaluating the rock properties and reservoirs. Talisman will test three to four pilot areas over the next 18 months, with up to four additional wells planned prior to year-end.

Talisman Energy Inc. is an independent upstream oil and gas company headquartered in Calgary, Alberta, Canada. Talisman has operations in Canada and its subsidiaries operate in the UK, Norway, Southeast Asia, North Africa and the United States. Talisman's subsidiaries are also active in a number of other international areas. Talisman is committed to conducting its business in an ethically, socially and environmentally responsible manner. The Company is a participant in the United Nations Global Compact and included in the Dow Jones Sustainability (North America) Index. Talisman's shares are listed on the Toronto Stock Exchange in Canada and the New York Stock Exchange in the United States under the symbol TLM.

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24904216