Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

ERTS trading now 97.80.. I would suggest those that shorted (obviously those in the 95 or 100 puts) HOLD THESE POSITIONS. I do expect more DOWNSIDE tomorrow. (a tip: look a premarket if there is any "upgrade (right! an upgrade) you might want to cover in premarket. AMZN tanked much more in the morning than after hours and so did EBAY, IBM and the whole bunch we called short. JCOM which was a short play was down about 5.40 and was down over 10 the next morning. Unfortunately, we DID NOT hold JCOM short or puts through earnings, one of the rare ones.