BRCD Another call we made in the last reversal period. We do really well with our straddles, (probably saved us some anguish of those that sold PCLN yesterday after hours at a loss!) With additional gap strategy we enter long on Gaps 'n Snaps and short the gaps 'n craps covering usually in the 10:30 to 11:00 period. By sticking with the same strategy, day and day out it creates "brain visualization" thinking in charts, they become a kind of mental blueprint for the hand to follow. We have repetitive 'gap patterns' that have repeated for 6 1/2 years so by this time, we react mechanically to the chart pattern and trade automatically. Here are some of our favorite gap and reversal period strategies. http://www.marketgems.com/TradingRoomStrategies1.html
When you combine them with reversal period trading figuring a gap 'n crap will last through the 11:00 reveral period. Pullbacks on long set ups (aside from earnings plays) will be bought after proper candlestick reversal patterns are confirmed as well.
BRCD Wed Feb 11 15:46:09 2004: marketge - some sundry plays -====> consider BRCD BQBBJ February 7 calls at $0.25
Market Data 
Markets 
AI
