Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

NTAP same as NTES..we expected "anticipatory upswing" in both NTAP and NTES, we've been playing these earnings plays for years and NTAP and NTES were expected (Actually expected some upswing on Friday for NTES) it was just too good to continue but it did. We have a specific strategy for earnings season not a "I lika dis" and "I lika dat" that won't wash for the plays. You have to stalk these and download INTRADAY charts by the bunch otherwise traders will have no idea what to do except (I like/don't like this should mover a)up or b) down after the report (chose either a or b)Stick to them like glue..until they take out a 'stalker's restraining order" and even then I'm still attached (after some short covering and profit taking in long term puts)