Fannie Mae-No Politics (FNMA)

[Potty]

FFF, I have been selling ET options all morning. That was my biggest position.

I am not buying anything, since I was 100% invested till I sold the ET options.

I am holding MAC, BPYU, PK, GE, WFC, DCP, ET and BHC -- but tempted to sell 20% of everything to raise more cash...

But I bought much lower and I like all these guys that pay outsized divvies aside from BHC and GE. So I am standing pat...

How about you? Anything you see worth buying long?

I am only tempted by BP since the pound will get stronger against dollar and I like oil story -- bought this morning then sold since I am betting I can buy it lower... BP with a 10% yield in pounds with no tax.