FSH trigger 57 high 59.72 from today's newsletter. We gave no support or pivot for possible drop, we knew 'da fish' once again would do it like VAR. When you have stocks in advance you can enter at a good set up not "I'm trying 'dis" and "did you get that one I mentioned 3 hours ago?" or "xyz is high of the day" can we still go long? kind of trades. Others we have are still 'in play' and are earnings related. We wanted INSP BAD today we knew it would be awesome. We expected a reversal in TASR even yesterday into the close and that was emailed as well BEFORE THE MARKET OPENED. TARO was found in premarket when it was down 8 when it was down 16, I put in a email alert to the members for a possible 'dead cat bounce' Sometimes we have those of course.
Today we had 8 regular chart plays and 2 potential biotechs to take place of 2 stopped out 1 was VXGN the other, for a later date. Much of the plays were from former swing shorts and straddle leftovers (90% techs) We DO NOT FOLLOW or chase momo news flashes intraday when others might not get in timely (and honestly we haven't a clue if its worth the effort at all), if there is no clear entry we DO NOT ENTER. Building sector CTX was told to hold as a hedge for the building sector in case of the pending GDP report.
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