Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

INTC and YHOO short. You have to be totally blind or oblivious, to hold through earnings when the charts are pulling back. We do not recommend holding through earnings, INTC and YHOO (straight short today) are strangle for INTC and YHOO (no puts yet) short and will play the "anticipatory downswing" once they have hit a support level, we might reverse back up, add calls, go long. etc. No PROGNOSTICATIONS. The only prognostications we did make was to make sure our traders had TASR, RIMM call options after each and every gain for more and more upside. DNA closed today as well as AMR and GE on the long side.