Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

HOMS.. what I don't understand is that if you are long one day why can't you be short the next? Do they think that 4 days of upside is nothing? and when it pulls back are shorters to the death the only ones that can go short when HOMS triggers short for a number of days? I think the allure and mystery of shorting techniques known only to a select few is quickly disintegrating. Shorting is now part of the trading strategy for EVERYONE. Shorters are more savvy and sophisticated and won't short till the death but only on proper SHORT SET ups. WE follow technical analysis and not some attempt to determine if a company is slated to 'go under'.

The trouble is that there is no longer a fashion of ALL SHORT or ALL LONG. Just look at HOMS chart If you were just short the past few weeks, you'd end up in the negative column but if you were short a number of days and long a number of days, you got the BEEF of both moves. Whats more laughable is that before its earnings report it was shorted and shorted and HOMS just kept moving up!