I'm curious, you folks want to share what individual stocks you folks are playing in these days? I'm curious what people are doing (aside from the traditional safe(r) index funds/precious metals funds/international funds in vanguard and IRAs/401ks)
I don't mind sharing (and like i said, it ain't all pretty). Purely on speculation right now (no idea how things will turn out):
Telco: ERIC, MOT ,QCOM (writing monthly covered calls against an otherwise non-moving stock)
Boring: GE, MO, PM, INTU, XLP,DD, ADM
Short positions:
Energy: DUG
Retail: GYMB, PLCE (hedged with call options)
Tech: YHOO (damn you, Icahn 🙂 ) , NOK
Yes, I'm tech heavy on top. My short positions are getting killed right now, followed by BAC which is currently down 10%. I was doing fine with Yahoo (after the deal was called off and I entered a short position)…that was until mr. Icahn well stuck his nose in things. AMD and C are actually doing decent, considering how low expectations are 🙂 on the street, go figure… I'm counting on the weak dollar to prop up earnings in tech co's that do a good portion of biz overseas.
