A small acorn.

From the smallest acorn the mightiest of oaks grow. Perhaps. Time will tell.

In this 'blog we'll dispense with frills in favor of getting the job done. From this simple start it may grow to something far more elegant, however the only things we're truly interested in growing are investment portfolios.

In future posts we'll outline what we've been holding and why, but we'll begin with this week's fresh entries.

In Canada, we've gone short Loblaw at $50 and short George Weston at $75 on the TSE. Good hedges, as they've been going against the index for some time and appear likely to continue to slide especially if the TSE should turn down.

Loblaw Companies Ltd.
George Weston Ltd.

Long CXX at $1.45 on the Venture Exchange (TSXV). Crosshair Explorations

In the US, we've gone long Dreman/Claymore at $20 and long Western Refining at $23 on the NYSE.

Dreman Claymore
Western Refining Company

On the NASDAQ, long INFY at $40.50 , long ATYT at $20.10 and long FILE at $31.00 It almost seems wrong buying anything with the recent history of tech in markets we expect to do poorly over the next few years, but we like the trends on these and we never argue against the trends.

Infosys Technology Ltd.
ATI Technologies
Filenet Corp.


Gold is currently fluctuating around $640 USD. We're very bullish and long on shares and bullion, as well as with silver and platinum and copper. Extremely bullish on uranium, which hit a new high of spot $47.50 USD today. Bearish on housing prices, and have been for a year now - the Canadian market should fare favorably, particularly in Western Canada, but the US market is in for a major shock. Bearish on the US dollar.