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ITG showing unusual technical strength

|Includes:Investment Technology Group Inc. (ITG)

ITG shares were up on both Wed. and Thursday when the markets were down big.

EPS are due out soon and I think we'll either see a big upside surprise or else the news of a merger or buy-out announcement.

I have no inside knowledge of either event but  the expectional strength in the face of a major maket sell-off makes me think ITG presents good opportunities for call buying or put writing.

Disclosure: long ITG , short ITG options

Stocks: ITG