Portfolio

Current Portfolio*

Block	Target	Shrs	Buy Stop	Filled	Sell Stop	Filled	Value
1	CEF/A.TO	1200	16.25	Aug 25	16.25		19,500
2	Cash						20,000
3	Cash						20,000
4	Cash						20,000
5	Cash						16,354
Mgn
Mgn
						Surplus	500
						Total	96,354

Current Watchlist**

Target	Name	Sector	Comment
CEF/A.TO	Central Fund of Canada	Gold&Silver	Gold breakout?

Year-to-Date (TSX index = 11,867 on Jan 4th)***

TSX Index	BB Portfolio	As of
-1.2%	-3.6%	Aug 23, 2010

Notes
* The Portfolio table uses a money management system of 5 “blocks” plus 1 margin “block”, roughly of equal size in order to control risk. The portfolio is “reset” to $100,000 on January 1st so that it is easy to keep track of total gains or losses for the year. Buying is done with buy stops and selling is done with sell stops unless there are liquidity problems. The value of the position is based on the current sell stop, not the present market value. If the position is short then buy stops will be sell stops and vice versa. Initial sell stops are generally set to 5% to 10% below the initial buy stop, but will be raised to slightly above the initial buy stop if an opportunity presents itself.

* *The Watchlist table is a compilation of stocks that may join the portfolio if certain technical conditions are met.

***The Year-To-Date table compares my own performance with the TSX index since January 1st.