Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

XLNX no short/long/short/long triggers (Hamina-Hamina trader) just a doubt that the lustre for TXN will shine through the 10:00 reversal period. We didn't go into this session wearing rose-colored glasses, but very cautious and realistic telling our traders once again NOT TO BUY anything long before 10:00 (the only exception being an earnings play that might have gapped 'n snapped (i.e. EASI) or gapped 'n crapped (HOV, REMC and TOL) at the 5-minute bar reversal (COT - Change of Trend) WE BET ON A PULLBACK. We'd have rather missed some early upside then got in front of an slalome racer heading down. As it turned out we missed nothing, and were able to find shorts.