I really like PFF for its high dividends and being more conservative.

Any other ETFs that are good dividend payers and not too risky?

12/9/2010 8:23:13 PM

^ One of the first things I found when I looked up PFF:
http://seekingalpha.com/article/239855-3-reasons-why-dividend-etfs-have-been-losing-momentum?source=yahoo

12/10/2010 1:00:46 AM

Best Buy: destroyed.

12/14/2010 2:59:10 PM

http://www.youtube.com/watch?v=jllJ-HeErjU

12/14/2010 3:01:48 PM

^.

12/14/2010 3:13:07 PM

sold 4 call contracts on SSO ($48 strike price), netted $89.

12/14/2010 6:07:40 PM

Dec 18?

12/14/2010 6:18:54 PM

just sold bldr and c today. bought zlc tonight. need to buy more of something. any good ideas?

12/14/2010 6:41:14 PM

EWY

12/14/2010 6:48:48 PM

^^^ yep

12/14/2010 7:11:37 PM

Buy the dip only makes sense in the context of a broader uptrend. One of my more profitable trades this year was selling puts against Arch Coal when it was taken down a peg or two around 20 while the market still seemed to be ready to keep moving up. I used the put proceeds to finance calls and basically made 1/3 of all my gains on that one trade because for once I had some time to look at everything for a trade, fundamentals, sentiment, and TA and they were all screaming buy. The stock is at 32 now and if it got knocked down in a similar fashion as Best Buy, then neither sentiment or TA would likely be point in the "buy" direction.

12/15/2010 11:05:00 PM

zlc did good today. sold my remaining 4k shares of c today. i am now going to be pretty liquid going into next year. i may hold zlc for a few more days and see how it does. i want to be in 100% cash for jan 1 to see what bargains come up 1st quarter.

12/16/2010 6:58:46 PM

why would you sell citigroup - when the stock hits $5 and the govt completly liquidates (if they haven't already), insitutional investors are going to pick it up. There are a lot of mutual funds that can't invest in stocks under $5. Banking will all be back soon, and citigroup is in a good position with all the foreign investment and exposure.

12/20/2010 10:26:36 PM

Do you guys use any sector funds such as tech, utilities, financials? Or do you all primarily trade individual equities? I am looking at the Franklin Templeton Dynatech fund for the next 6-8 months.

12/22/2010 9:10:11 AM

^^

yep, i've been holding ~10k shares of C since about 3.10 or so.

12/22/2010 9:58:10 AM

Thank you Howard Stern

12/23/2010 2:19:45 PM

^^^ i trade the Direxion 3x sector ETFs like a mofo.

12/26/2010 12:57:15 PM

Quote :

"curious - do you guys make a lot of money doing this? or do you just enjoy it?"

Well, with only a few trading days left this year, I'll answer this question, sort of.

In my retirement savings brokerage account, I made right at $5000 this year (counting realized and unrealized gains).

In my "hookers & blow" account, I made $9200 (again, counting realized and unrealized).

Not sure how much I made in my IRA. I'd guess about another $5000 or close to it.




Now, granted, this was an easy year to make money--general uptrend, and significant volatility at times for trading.

12/26/2010 10:53:35 PM

i think i am going to dump my zales tomorrow. they have done well and there is no reason to think it will keep up this pace. they are up 36.29% since i bought they maybe 2 weeks ago. i really am considering buying more. it is hard to decide if they will keep this up. i hate to be the guy to ride the wave to long.

12/27/2010 9:07:24 PM

shit i am glad i stayed in. i bought another 5000 shares this morning. i dumped my C for a gain of 17.8% to buy more zales. zales is up another 6%. i have been reading more on them and i think i am going to hold until the end of january.

12/28/2010 10:40:15 AM

ok i need some help understanding this. zlc is kicking ass again today. they are up .30 on the day and total at 4.96. i bought them at 3.15 on the 15th of this month. i can not find out why they are moving up so rapidly. i am really happy with the gains but am wondering why it is being driven up so much. anyone have any ideas? i am sure it has to do with the projected dividend but would that be the only reason? you guys know more than me so whats up with it?

12/29/2010 4:47:34 PM

Quote :

"Zale ( ZLC - news - people ) shares are higher following a report from MasterCard Advisers that said Christmas retail sales, excluding autos, jumped 5.5%. Investors are hoping that this translates into a good quarter from the jeweler, sending shares higher by over 9%."

http://www.forbes.com/2010/12/28/todays-big-gainers-gro-zlc-marketnewsvideo.html

12/29/2010 4:51:21 PM

i saw that but can not believe for 10 days straight it has risen based on that. especially at the pace it has. with that said i need to stay in until 2/24 i think to get a dividend so until then i will then it will be dump central along with every other guy on wall street.

12/29/2010 9:14:42 PM

i dumped my zlc this morning when it started to plummet. i got out at 4.76. i good gain in the end. i was a little surprised to see it fall so hard this early.

12/30/2010 5:30:44 PM

Quote :

"curious - do you guys make a lot of money doing this? or do you just enjoy it?"

In 2008 I was trading (frequent buys and sells) a lot, and I made a lot dollar amount wise. However, after short term taxes and margin charges and whatnot, my ROI wasn't better than if I had just bought and held AAPL.

2008 was also a tricky year.

Now I just hold longer cause I don't really have time to research shit. I'm not sure the kind of research I am capable of has any payoff, either. Since then, if I sold my long term stock, my ROI would be very good -- way better than shitty fucking 401k.

[Edited on December 30, 2010 at 6:21 PM. Reason : .]

12/30/2010 6:20:32 PM

Is there anywhere I can go in scottrade to find the roi of my account ytd?

12/31/2010 2:56:33 PM