The U.S. economy and stock markets are in a tug of war between the bearish effects of weakening housing and real estate, which adversely affect financials, and the bullish influences of big-cap stocks with an international flair and the mojo tech stocks.

Titanium Metals

(TIE)

produces titanium-based products for several industries including aerospace, military and industrial worldwide. The stock is in the middle of its own economic tug of war with its mix of business in the U.S. and Europe, which are showing some signs of economic slowdowns.

The stock should hold around the $31.00 level. It closed at $31.72 Thursday, for a rebound to its 200-day simple moving average at $33.35.

Titanium Metals is soaking up sales with its titanium sponge. The company's aerospace customers, which include

Boeing

(BA) - Get Report

, Rolls Royce and

United Technologies

, use titanium for applications such as jet engine components and wing supports. The industry accounts for well more than half of TIMET's business.

I will place a limit order to buy 10 March 20 deep in-the-money calls (TIECD) for $11.80 or better.

TheStreet Recommends

Now, as we do every Friday, let's take a look at some of your emails.

I am amazed at the knowledge you have as it relates to the market, finance and business in general. I wanted to see if you have any advice as to how one goes about becoming as familiar with this stuff as you are. What's the best wayto gain a foundational understanding for the market and move forward fromthere? Are there publications you would recommend?

To learn about the market, it is essential to immerse yourself in the task. Besides

TheStreet.com

and Stockpickr, I read top publications:

Forbes

, Agora Financial, Porter Stansberry and all of his company newsletters. Valuengine and Morningstar.com will provide more learning tools, information and advice as well.

I love your articles and have made money following your advice. The question I have is this. If a DITM deep-in-the-money call gets a win then drops back down toa buy level again in a short time frame, should I buy it back or be content with the "W"?

When you get a quick win, that is great. Take it and move on. However, always keep a sharp eye on previous trades; like you say, they can at times drop back down to an attractive level and offer another profitable DITM calls opportunity. Be sure to read any recent news stories and treat the purchase like a new position and follow the rules as such. Each time you buy, homework is required, it's important to know how the stock is doing today, so you can feel confident about tomorrow.

It's great that you do this daily entry for DITM calls. Nearly every day when I read your articles, the bottom line states "At the time of publication, Dykstra had no positions in stocks mentioned." Don't you think it's a bit ludicrous that you recommend thousands of dollars worth of purchases of volatile stock options for people while the outcome has no direct bearing on yourself or your job?

My personal brokerage firm requires that when I publish my recommendations I may not already own it. I must wait 24 hours after publication before I can follow my own trade. You can be sure that each company recommended for a DITM calls trade is thoroughly researched and considered. However, no columnist is perfect, and all investors need to recheck my work and be confident of the selections they make on the basis of their own work too.

At the time of publication, Dykstra had no positions in stocks mentioned.

Nicknamed 'Nails' for his tough style of play, Lenny is a former Major League Baseball player for the 1986 World Champions, New York Mets and the 1993 National League Champions, Philadelphia Phillies. A three time All-Star as a ballplayer, Lenny now serves as president for several privately held businesses in Southern California. He is the founder of The Players Club; it has been his desire to give back to the sport that gave him early successes in life by teaching athletes how to invest and protect their incomes. He currently manages his own portfolio and writes an investment strategy column for TheStreet.com, and is featured regularly on CNBC and other cable news shows. Lenny was selected as OverTime Magazine's 2006-2007 "Entrepreneur of the Year."