[nitehawk]

""""Short""""

[Russ_Boston]

Nite - RIMM or NYB?

[l2ridehd]

I did well with IBM in this down market. They actually moved up from 103 to 125 when the rest of the market was floundering.

[nitehawk]

Russ - i am sorry i did not mean any particular stock - just that any portfolio (if you trade on a regular basic) should not just be -long- but some -short- or - puts i would rather be on the down side of the banks rather then technology.

Originally Posted by efrahin

I deal with Ameritrade. Now IS NOT THE TIME to trade anything. Maybe if you like something and the price is low: BUY.

Ameritrade is giving away a new Taylor Made burner tour for a deposit of 50,000 into any account - the offer is expired but i think they will still honor it

[Russ_Boston]

L2 - The old adage of IBM > 100 still holds true in my opinion. This is why I think we may have reached some sort of bottom or at least be approaching it.

Nite - I already trade at Ameritrade, I'd recommend them as well.

[samhass]

I use e-trade.

[784caroline]

My broker just called me about a new issue Bond FLorida Hurricane Catastrophe Finance Corpoation ...a AA- rated Revenue bond paying 4.25% tax free AND its only a 6 year bond due 7/1/14 and is NON-Callable. Selling at Par payable every 6 months...again TAX FREE which is better than 6%

[Russ_Boston]

Well I guess that would depend on tax bracket and whether the income is dividend, interest or capital gain but I see your point. Also the stock could be held in a tax free account such as a ROTH which would make the true yield 6%. Or in a tax defferred account such as an IRA or 401 in which case the yield would be 6% until you withdrew but at least the whole 6% would be available for other plays.

Remember though that a good divided stock not only pays the dividend yield but also the chance for capital gain (potential loss as well). You can also add to the dividend yield payout by selling covered calls against the stock but that is a whole other ball of wax! I've done that both successfully and stupidly - sometimes on the same day.