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To: Keith Feral who wrote (144046)	10/31/2012 11:47:26 AM
From: Trader J	Respond to of 213172

Hear what you're saying for sure. It's been extremely weak without a lot of signs of strength. But the next two quarters are going to be huge and most don't argue that. Having these earnings out of the way is a good thing and the recent exec. shakeup news was just a perfect storm. No better time to capitalize if you're a trader. Personally, I haven't found TA to be very effective outside of the longer MAs like the 200. I have had MUCH more luck front running the TA crowd based on it being over-bought and over-sold ... relatively of course. This move and the way the options are setting up for early Jan remind me a lot of last year ... but the premiums are still up there, but they are sucking them out quickly. Another couple days of bad stock action will make for some nice upside potential in the calls. Traders are just waiting as they premiums have been rocking any uptick storm.