"if you can't beat them, join them." form HappyYappy

An excellent suggestion if you can park your emotions and dislike of CLF, which have no place in the market anyway.

I picked up some CLF at US$ 45.50. CLF closed at US$ 48.43 today. I was looking at selling the August covered call $52.50 strike for $3.30, but will wait for CLF to go up a bit more and sell a $55.00 or better covered call for around the same money. CLF also looks like a good candidate for day trading, and eventually CLF could also be a good investment as a longer term hold when commodities settle down. They have iron ore, metallurgical and thermal coal, and now chromite, and possible nickel and PGM's. Some day, they may meet the same fate as FWR and SPQ, but most likely not before they have swallowed a few more RoF explorers.

So check it out, it could turn out to be a good place to put some of your SPQ profits. Or play it safe and put some money into the Canadian CLF, 1 to 5 years Claymore laddered government bonds ETF with a 4.26 yield.

Good Luck to all, see you occasionally on GNH, WGB, PRB, BMK, etc.

Deke

And PS: If you are worried about Cholesterol etc. like I am, check out RVX (not a pump).