Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

11:00 change of trend rally, pretty much we have one tech and a number of plays across sectors will likely hold them (25 to 50% through the weekend) No shorts will be held through the weekend. I think we grabbed the rally yesterday, the bottom on Wednesday morning and for now the last 10 weeks we timed the market quite well (some of it was just our feeling that we enjoyed the downside too long and financial analysts were agreeing with us that we were highly oversold (albeit still overvalued on a few techs) but also we were short for quite a while and already posted in Wednesday's Newsletter we didn't feel it wise to hold swing shorts any longer)