Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

MATK -3.70 <g>, TECD first time in a while a short in AH 42.60 expecting a move like CYMI but watching, heck we got a huge gain in TECD and other shorts today, we could spare a few cents Expecting pullback in CMVT as well as of course MATK. TECD puts were nice today together with the puts (up $0.55 (91%) but sold most of them. We don't look for 'peanuts' although we get them of course, but we don't call them "scalps" they are just wrong entries and if we can take $0.20 to $0.30 its not our original intention which is rather the "LONG TERM DAYTRADE" or the swing short for a lot more. We haven't had swing longs since getting stopped out of the last of our pharmies and building stocks (late trigger short in TOL, we'll see!).

We'll watch to see if there is any buying on dips tomorrow but I expect another short the rally by 10:00 (or if we gap 'n crap at the open an exhaustion move might be buyable) but we certainly are not going to sit around and miss gains on the short side.