Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

RIMM Short added to the bunch, KLAC, QCOM EBAY AMZN MXIM still down, expected to have to dump the rest (in fact QCOM on our long list today and covered at mini double bottom just below yesterday's lows) Srong move down!
Traders were instructored not to go long until 10:00 we posted we expected an exhaustion move up following yesterdays short covering and partial rally by 2:00. And that's what we got ( short the spike high rally) in our already shorted techs. Of course during the day we short a lot, during the night we hold only 25 to 33% of that short and for most of the stocks above we have options anyhow (50% of the ebay)