NOVEMBER TRADES

Trades made in November

Sold American Century Global Gold (BGEIX) at $23.32 for a 23 percent profit held 8 months
Sold IXC at $142.27 for a 2.3 percent profit held 4 months
Sold IOO at $81.16 for a 3.2 percent loss held 4 months
Sold IYW at $61.49 for a break even no loss or profit
Sold Walmart (WMT) for a 1.2 percent loss held 2 weeks
Bought Citigroup at $31.87 sold for $34.42 for a 7.2 percent profit held 1 week
Bought Citigroup at $31.55 sold at $33.29 for a 4.8 percent profit held 10 days
Bought Citigroup at $31.38 sold at $33.26 for a 5.3 percent profit held 9 days

WALMART (WMT) & CITIGROUP (C)

I purchased shares in Walmart today at $43.81 per share. The company reported they will cut back on spending to build new stores and tighten cost controls as sales growth slows over the next three years. Many analysts welcomed the move to focus on keeping more of the cash Wal-Mart generates rather than spending furiously on new stores.
Increased free cash flow, or the money left over after a company pays its expenses including capital expenditures, could make Wal-Mart shares more attractive by funding higher dividends, new technologies or acquisitions."Strong free cash flow is the key to corporate flexibility and potential growth. Wal-Mart, which is finding fewer places to build new stores and faces tougher competition from other retailers, said sales will continue to slow after years of strong double-digit growth.
I also purchased more shares in Citigroup on Oct. 19 at $42.39 per share. It has been hammered hard for their sub prime loans but they still have more credit cards issued than any other company and I think now is a great time to buy a premier company like Citigroup at the lowest price in almost 5 years. They pay a 5.1 percent dividend which I think is safe, so I'll sit on them and collect the dividend and wait for them to get their act together. If they would fire their CEO, Chuck Prince you will see the price rise a few points in one day.
Buy when no one else wants to and the pessimism is running high. All week the press has been hammering Citigroup and today Walmart. I remember when no one else wanted Coca Cola (KO) and I bought in the low 40's, it's now trading at $59.75 and guess who recommended it last Friday as a buy on their show, Jim Cramer of Mad Money. Be patient, collect those fat dividends, reinvest them, and wait for better days. These are premier companies who will be around long after we are gone.

BARRICK MINING CORP. (ABX)

I purchased shares in Barrick Gold Corp. today at $40.53 per share. The target price is $48.00 which I hope will hit within the next year. Gold is in an upward trend and last week I sold Newmont Mining (NEM) and am now replacing with Barrick which I think is a better gold producer.

NEWMONT MINING (NEM)

I sold my position in Newmont Mining yesterday Sept. 26 at $45.53 for a 9.5 percent profit. I held it for 4 months. I still like Gold but with it at an 18 year high we might have a pullback before going higher.

NEW TRADES Citigroup, BDV, & DOG

Today the Fed cut rates by 1/2 percent point and the stock market skyrocketed by over 300 points. Financial stocks have been hammered during the past several months because of the sub-prime loan problem and the weak housing market. The Fed cut signals that they are going to address the problem, thus the big upswing in the stock market. Right after the Fed announced I bought Citigroup and Black Rock Dividend Achievers which is heavily invested in Finanacials. I have been waiting for a sign to get into some of the big banks and this could be it. There are several other financials I like such as Washington Mutual, Bank of America, and Wachovia.
I purchased Citigoup (C) at $47.74 and it pays a 4.6 percent dividend.
Citigroup operates through a network of 8,140 branches, approximately 19,100 automated teller machines, 708 automated lending machines, and the Internet. A truly global powerhouse in the Banking & Investment world and a blue chip company.
Black Rock Dividend Achievers (BDV) was purchased at $13.90 per share and pays a 6.5 percent dividend. I already own shares in BDV so this is an addition to shares already owned.
My other trade was DOG which is a bet that the stock market will go down. I sold my position at $58.36 for a 2.7 percent loss. I am no longer so pessimistic on the stock market, especially if the Fed keeps cutting rates.

Hawaiian Electric & Cental Fund of Canada

I made new purchases Friday of Hawaiian Electric (HE) at $20.86 which now pays a 6.0 percent dividend. I made previous purchases of this company at a much higher price and hope this is the bottom.
I sold shares in Central Fund of Canada (CEF) at $9.40 for a 4.1 percent gain. I held for 3 months and again will wait for a price below $9.00 for another purchase.

ishares Dow Jones US Technology (IYW)

I made my first purchase in over a month today. I bought shares of ishares Dow Jones US Technology (IYW). This is a ETF or Exchange Trade Fund and the top ten holdings are Google, Apple, Microsoft, Intel, Cisco, Hewlett Packard, Dell, IBM, Oracle, and Qualcomm.
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology index. The fund uses a representative sampling strategy to try to track the index. The index measures the performance of the technology sector of the U.S. equity market. The index includes companies in the following sectors: software and computer services and technology hardware and equipment. It is nondiversified.
Shares were purchased at $60.98 and will most likely hold long term.