Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

TASR/RIMM CDCY,MAGS upside again, INTC BSTE NTES KLAC gorgeous for day #2 downside. We already have our strategy in place for YHOO and RIMM. All swing shorts doing well especially INTC (short and puts with some calls as a hedge picked on on Tuesday) ONLY SHORT SET UPS posted and reiterated into the last reversal period yesterday. Nothing to do but take the gains in the longs and shorts where we ALREADY long and short. Only addition today were some puts in TASR (left with nearly nothing) and the OEX puts. Market down 77 and we are doing just fine!! SWING PLAYS are the way to play and leave the scalps for others.






Yesterday's log TASR, RIMM, INTC etc.

Tue Apr 6 14:56:14 2004:jenna [0/] Msg:but always, always make sure in TASR, SNDK, RIMM you have a long position as well.. INTC and IBM is less pressing, they are easy daytrades.. and I don't really like INTC much at all.


Apr 6 14:41:26 2004:jenna [0/] Msg:TASR.. very important gemmers to ALWAYS HaVE a call position even after profits
Tue Apr 6 14:41:44 2004:jenna [0/] Msg:just because it pulls back doesn't mean its over.
Tue Apr 6 14:41:57 2004:jenna [0/] Msg:nor with RIMM although RIMM is toppy I still keep 15 calls ready.
Tue Apr 6 14:42:19 2004:jenna [0/] Msg:Even more TASR you might go up the option call list but never ever be flat
Tue Apr 6 14:42:31 2004:jenna [0/] Msg:there could be an important contract after hours
Tue Apr 6 14:42:37 2004:jenna [0/] Msg:(i.e. RIMM)
Tue Apr 6 14:42:47 2004:jenna [0/] Msg:and even 10 calls will make money..
Tue Apr 6 14:43:06 2004:jenna [0/] Msg:at this point MAGS and CDCY just continuing to hold long
Tue Apr 6 14:43:19 2004:jenna [0/] Msg:I like the gaps and I don't mind some pullbacks..
Tue Apr 6 14:43:30 2004:jenna [0/] Msg:SUPG was awesome..
Tue Apr 6 14:43:36 2004:moondogi [0/] Msg:Jenna I agree on YHOO--short. just thought I might reenter later in the day..could be a bad plan
Tue Apr 6 14:43:37 2004:_hd [0/] Msg:TASR, I just keep raising my stop by a dollar every 5 minutes!
Tue Apr 6 14:43:43 2004:jenna [0/] Msg:the point is to hold swings when we say swings.
Tue Apr 6 14:44:21 2004:jenna [0/] Msg:same thing happened with RIMM yesterday as MAGS and TASR..
Tue Apr 6 14:44:37 2004:jenna [0/] Msg:you don't have to be prepared to jump in if you have the calls.