Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jjkool_01]

Because I have not posted here in some time...QLTY: short 10.15 into earnings. A little earlier than I like and may short more if it moves up into the close but it just did not seem to have strength here. Moved from below $7 to over $10 in 2 months. Also has this statement from last earnings "Demand has shown signs of recovery in the past few weeks, but ran at levels below our expectations for the first six weeks of 2007. We are focused on a number of initiatives to drive additional demand, improve productivity, reduce costs and continue to pay down debt."

Also going to ride AOB through the earnings. Little downside risk I hope and lots of upside potential.

Added to JST position on earnings dump this morning 19.21. May dump them for quick profit as I had enough for core long position.