Retirement Income

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Currently browsing posts found in November2008


On Vacation Nov 22 – Nov 30, 2008

November 21st, 2008 at 4:23 pm » Comments (1)

I will be on vacation next week with limited Internet access.  I have several trades to write about that were made for me by the margin department at E*Trade (again) but I am afraid they will need to wait until I get back.



Arch Coal, Inc. (ACI) Bought Dec09 Puts

November 20th, 2008 at 7:21 pm » Comments (0)

Today I BTO 1 ACI Dec09 12.50 Put in an IRA account at 2.60.  I then placed a GTC STC order for the same ACI Put at 3.30.  I’m looking for a relatively quick turn around on this one.  If this works out I will net about $52.52 for a 19.54% (not annualized) return. I [...]



Margin Calls – Nov08

November 20th, 2008 at 6:56 pm » Comments (0)

I have been working against a margin call in my taxable (and margin) account for most of the month.  In October I thought this was behind me but, as usual lately, I was wrong.  I have been using my weekly IRA redemption to increase the cash in the margin account but that wasn’t happening fast [...]