Ouch. This is a tough market for traders and investors.
Oil/natural gas is still profitable, as well as the oil/nat. gas companies.
Crazy speculative gains...
June has been a disappointing month. Gains are being erased and the Dow, Nasdaq, and S&P are slumping.
Insiders at STX are selling their shares. I'm going to be following the trend and dump my STX shares. There will be better buying opportunities down the road. Thankfully I'm only down about 0.60 per share and I've hedged by selling my options.
I'm also holding these stocks (which most will be assigned because the options are ITM):
DSL
MBI
EGO
CPSL
HL
NYNY
PEIX
EP
WM
Friday, June 20, 2008
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