A real post, new purchases

I apologize to all my faithful readers for my lack posting these past fews days and am sorry to inform all of you that i will be out of town from Thrusday until Sunday on business and might not get a chance to blog.

After this 370 down day there is some great buying chances, always buy on dips, sell on rips.

We sold:

TIVO: Gave us 3,911.34 dollars
IFC: Gave us 4124.84 dollars
ETFC: Gave us 3591 dollars.
Exercise Option on WCI: Gave us 1995 dollars.
Exercise Option on ETFC: Gave us 3000 dollars.

Total from sales: 16,622.18 dollars
Bank: 139.64 dollars
Total in Bank after sales: 16,761.82 dollars.

Purchasing:

Stocks:

1. RIO - 29.69 price, buy 4,000 dollar worth. 134.73 shares.

- Brazil is the place to be, RIO aint stopping. See Jim Cramers Mad Money Recap for more.

2. NYX - 71.03 price, buy 4,000 dollar worth. 56.31 shares.

- NYX beats earnings and they drop this far. Yes, the analysts did not like what they saw, but this stock has always been undervalued. Yes the NYSE has not been that strong with its profit/volume but the European sector of this company is vastly underrated. I think this stock comes back.

* I also like Disney after they crushed earnings and dropped only because the market was down so far. Good place to buy it.

Options:

SIRF: The stock bottomed out today, it will be back at 10 dollar by mid-march.

Therefore: SIRF, March 08 Call, strike price 10 dollars, 20 cents per share, 20 dollars per contract. 4000 dollars worth means 200 contracts.

AIG: Puts are adding up in this stock. Someone knows something. Let's follow the trend:

Therefore: AIG, March 08 PUT, strike price 45.00 dollars. 55 cents per share, 55 dollars per contract. 4015 dollars worth means 73 contracts worth.

Cost: Trades were free since 10 free(Have 5 left), Options cost 22(after selling and buying of them)

Bank: 724.82

I would write longer detailed explanations but I got a lot of stuff going on. I apologize, come late feb and March I will be much better.