IDNX next biggy, maybe MRKL? DNA straddle in front of the report after a double bagger already in the 100 and 105 calls April) Pointing at a overbought company that moved up AHEAD of the report but tomorrow will tell like it will with YHOO and RIMM (straddles also)
SPG 55 puts May. Just one more gain in MAGS today (couldn't resist) out of MAGS and CDCY yesterday. REITS killed in last 4 sessions and join the builders and brokerages as swing shorts (we did mention the financials (MER 60 puts april6) would get hit next after the builders) Retail today first short day but continuing shorts. BSTE pulled back nicely after the gap up. All triggers and official Marketgems positions posted in our archives of intraday updates and trading room updates. One plan, One Focus (the newsletter) and Milking the plan, no hodgepodge of mixed up scalps. When they don't trigger, they don't trigger, they are invalid. If they do trigger, we have stops, don't let losers run even if the likes of YHOO was up, we were still short in the prior days of 'anticipatory downswing' and only picked up the calls at the earnings run yesterday.
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