RTQS Real Time Stock Quotes

It looks like we will be in a see saw mode for a while. It is not good idea to hold any thing you buy for more than a day or two. Best thing is to take profits as and when you can. Buy dips and get rid of them as soon as you can. Market can slowly edge down or stay at these levels for next few months. On 1000 point drp day, I bought USD twice for an average of 29.20 and sold it at 32.40. If I had waited, I would have made 3K more on 5/10/2010. But who would know. I am happy I made 3.2K + collected another 2.45K for USD24 nov puts.
I have also bought NDAQ@19.82, These guy's have buy back program.

I have sold puts for USD 24 for nov collected $2.45 i.e I am protected up to 21.65. For now I have collected 2.45K. Similarly I have done UPL for 35 strike price.

You will come out ahead if you trade puts on short side.

Consider GDX nov 40 puts. You will get 2 points. You are covered up to $38. I think GDX@38 is a very good price.