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Alias Born 03/18/2001

Re: jenna post# 19800

Wednesday, 12/10/2003 1:23:16 PM

Wednesday, December 10, 2003 1:23:16 PM

Post# of 25232
TOL (up 90%) /LEN +135% puts just "beginning' their surge down. For LEN we had NO CALLS and for TOL an "imbalance" of 75% puts and 25% calls (from 8th which were very profitable on the 8th and we didn't sell the entire position we picked up with HOV calls) so we lost those 25%. Marketgems STALKS its earnings plays for days, they are CONTINUING plays from about 4 days or longer before the report "in anticipation" and the final icing is when we lock in profits on the side that has triggered first than pick up the OPPOSITE (strangle or strangle side) right in front of the report. We did that with NSM getting the 45 calls first, dropping them for a profit 1 day before the report and still long the 45 puts. If you read us too late, like a soap opera, you might miss the plot line.

These are CONTINUING STORIES so if you don't follow them with us (and I guess you can't getting just highlights) you miss the beef, but we did post our intentions for the BUILDING, SOFTWARE, and AUTO Parts sector.


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