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jenna

04/05/04 5:16 PM

#22245 RE: jenna #22244

26k shares leveraged! SNDK, QCOM, TASR, RIMM, with DNA a double bagger already, AMR hits target of 14, GE earnings play (new position calls after a huge gain on DNA), We will definitely hold some position of call and/or puts THROUGH earnings so as not to miss an SCHN/APOL type gain. Folks loved SCHN, but no one held through the report except us!! (not a lot but a little went a very long way)

We are not getting in too late or too early but already long in "anticipatory upswing" at least 6 earnings plays (ESIO the latest and INTC the volatile one so we started small) The earnings plays have locked in profits in the past 5-6 sessions. SNDK (controlling 4k shares with 1 k long with a hard stop = 5k shares) QCOM (controlling 4k shares no long.) ESIO (2k and long) DNA (3k) RIMM (4k) TASR (2k) and GE (5k) were the best and 80% of them all. To buy this many shares you'd be in a very stressful situation but with options they are very reasonably priced and all April expiration.

IBM (1k) and INTC (1k leveraged) are not that good yet but we are expecting some more upside. At this point SMH and or the 42.50 calls in play and NFLX (1k) has begun. Folks that are waiting for earnings plays in the next few weeks should be 'on board' already now and even locking in the first batch of gains. Long and Strong and swinging (even short in building sector) We don't wait for some "x" time in the future to begin our "anticipatory upswing" we've already begun on March 24, 2004. Shorts are basically "pauses that refresh) (i.e. TASR puts today already called on Friday) and the building sector with some BAC short or puts that might or might not be over by 10:00 tomorrow. One focus and the same plays for everyone, we don't scatter around with scores of plays although we did miss a few today because of lack of confidence in the $5 to $7 category which we will change with a small list of the babies from now on through end of April


















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jenna

04/06/04 3:18 PM

#22261 RE: jenna #22244

TASR target 95 and 100. Got our new 110 target RIMM (well $0.40 below). Hope folks listened to our calls RIMM, TASR! as they no doubt with our calls long and upside for RIMM!! No scalping, no need! Swing plays in MAGS and CDCY doing great also! Never expected much of a pullback, just a pause to refresh in MAGS, TASR and RIMM and long CDCY. Always upgrading the next TASR calls with same expiration date (April) Thanks to all those that predicted big crashes in RIMM and TASR, that helped the cause for upside. GO TASR! go RIMM! MAGS and CDCY. Even with only 10 contracts on TASR you did well, with 20 or more you broke the bank. As always we are leveraging thousands of shares long viat option calls and have been in TASR every day since options came out. 3 calls option levels in both RIMM and TASR.


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