RTQS Real Time Stock Quotes

Friends, Just look at my 4/22/2010 posting. I was expecting this kind of correction, I had established covered calls on most of the big ones. As a result I am able to protect my profits to some extant.
Since 5/3 I have been doing very fast trades on HAL due to swings.

I am sure correction is not over. Never the less I have started to add positions. Today I have bought more of USD, SMH, UPL, HAL. I also think it is good Idea to invest in Indian and Brazil stocks. I choose ITUB and BTM of Brazil.

I bought ITUB a Brazil bank few day's back at 20.52. I think ITUB is better buy compared to IBN (ICCI bank of India, I own some IBN).

All these are for short term investment. If market goes up, I will sell them. There is no such thing as long term now. Just collect profits and be happy.

It is not a grate Idea to stay out of the market. My advice is buy quality stocks. If you are not for risc, write covered calls to reduce the risc. At this time I like POT and MON too. I have POT@112. Couple of day's back I wrote covered calls for POT 125. Collected 8.60 cents. So I am protected up to $104. If this stock falls below 95, I will double my positions. I had bought 200.