With our Dow target at 8343 in mind, I recommended buying the September 84-May 84 call spread yesterday via a mid-morning post under Intraday Notes. Specifically, I suggested paying no more than 3.45 for the spread four times. Since a subscriber reported in the chat room that he had executed the order at that price, I will track the position for your further guidance. I will also try to maneuver latecomers toward a belated entry, perhaps at an even better price, so stay tuned to Intraday Notes during the day if you’re interested. The purpose of this trade is to alleviate any anxieties from the small short positions we have taken in Microsoft and Google, and to make a few bucks while we wait for this horrid short squeeze to end.