Its been a while since my last update...

So we stopped updating because we got killed in the market. I guess it happens.

Lessons learned

• Do not hold short term options longer than a week, you just lose money
• Do not put all your eggs in one basket ( in this case financial stocks )
• Market can turn on you any minute without reason ( gov't intervention, etc )

Instead of options, I've been playing stocks. Maybe when I get better I'll look back into options.

My picks ( I think will do well in the next 6 months )

ATVI - Guitar Hero World Tour, possible announcement of Blizzard games. It's a bit weak right now but I don't see this stock going below 30 again ( if it does forget my recommendation )
SKF - this is an ETF, basically a short on financials. Need I say more?
SIRI - It's a buck + some change. It seems to have stabilized from its crazy fall. I'm a bit skeptical, I might stop liking it if it goes below 1.20.
XOM - It hasn't been this low for a while, can oil really stop going up? 78-80 sounds like a bargain for a stock that been in the 80s - 90s pretty much all year.

Probably the best pick right now is SKF. If it can break 140 resistance, we might see this sucker go up to 200 like it did in July.