Acme Packet (APKT)

[goofyfoot]

Wow, thanks for the info. I think you're right, APKT could swing either way, after earnings. It seems like right now, at 12:30 p.m. Tuesday, the market is waiting for some announcement by Bernanke (jeez, not this again) and for Cisco to report their earnings. I'm really, really hoping that Cisco had a good quarter and guides higher. In fact, I'm betting on it - bought a few shares of CSCO yesterday.

Somehow, I think CSCO is going to do OK. APKT, being a competitor, well, who knows? I still own some Finisar, who makes some equipment for Cisco, so maybe good earnings from Cisco will help FNSR.

One bad move I did make recently was buying Google on the afternoon before their earnings report. Always wanted to own some Google. Now, I keep asking myself, why did I have to pick that day to buy it?

Still reading Carter's book. I'm not even close to the level of trading that that guy writes about (mini-Dow, mini-S&P, pivot plays, multiple software tools, etc.), but his insights into trading according to a set of rules is really an eye opener. So is his postulate of never trading on emotion. Even though I had gotten to a point in his book where he had reiterated that several times, I bought Google purely on emotion. Google will come back, though I might have to wait a while. Anyway, lesson learned.

Hope your trades are going your way.

Fish