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October 10, 2013  Thu 7:30 AM CT

RT: SEE CHART GET CHAIN FIND STRATEGIES

Earnings, Revenue Both Miss

Ruby Tuesday reported a first-quarter loss of $0.36 a share, much wider than the $0.05 loss expected by analysts. Revenue of $289.7 million also lagged the $298.3 million consensus estimate. RT plunges 14 percent before the opening bell on my tradeMONSTER platform.

IGate Higher on Strong Results

Software maker IGate earned $0.46 a share on revenue of $293.41 million. Analysts had only forecast $0.43 and $289.4 million, respectively. IGTE climbs 7 percent in early trading.

Citrix Says Third-Quarter Will Disappoint

Citrix Software pre-announced third-quarter results, and they weren't pretty! Earnings were just $0.68 to $0.69 a share, below guidance of $0.72 to $0.73. Revenue was $710 million to $712 million, also below the previous $730-740 million range. CTXS falls 13 percent in the pre-market.

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Market Level Making You Nervous, Huh? Part 3

In last week's article, we discussed how important the extra cash you save by using the Stock Replacement Strategy over buying the actual stock is! That extra cash in our account instead of being unnecessarily tied up in a stock position allows us to buy the puts we would need to protect our downside in the case of a major sell-off.

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