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Tuesday, September 16, 2008

Sold the C $10 September put at $0.10 for a four cent gain.

This covered half the broker fee.

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As the debt destruction continues I'm not certain where I should trade. I'm thinking that the dividend stocks I'm in (GDX, PCU, and MAT) will be ok dividend wise, but will fluctuate a good deal.

I'm not sure if I should stay away from the banks for the time being. What is annoying is the action of the banks will affect the commodities in a non-trivial way. I'll be on the lookout for good trades but will be very picky.