Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

JCOM we are looking forward to a) a gap 'n crap after a morning move up b) if analysts downgrade this anyhow a gap down at the open and potential gap fill (a little like VRSN had on Friday) but we are keeping our options open (literally!) We locked in a nice gain on JCOM and held NO STOCK THROUGH THE REPORT (no stock in anything tech related except CSCO which was considered "safer" since earnings were not to be released on after the close on Tuesday) FOLLOW UP constantly is important, strategy AFTER the report important (the GAP possibility) and of course if the report is excellent or dismal enough, the winning position to be held for a number of days like CREE, INSP, etc.