Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

EBAY and the big three nets join Asian nets breaking down. Particularly good shorting YHOO and getting it ultimately in the area of AMZN. For EBAY today is just the forerunner of potential final break off the 20 and maybe towards the 50 dma. YHOO are permanent short play broke both the rising 50 and declining 20 today looking for a move to 44, (45 puts for March) or just short a rally play. Target is still 44. 65 looks like very possible area for EBAY, let it first take out the 67.20 and 66.50 area first. Take it slowly with EBAY, its the only net we have not yet 'conquered'