Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

BEST chart patterns for April: TASR/OSIP/ GNTA if you played the strategy it was enough to have 1 entry and 1 exit for each of the days of these huge movers. Our strategy is not in and out in and out 3-5 times a day but one trade which lasts much of the session. GNTA was called in plenty of time for the gain on the puts and our subscribers get premarket, aftermarket and even later in the evening emails of what we might expect.

TASR up and down was hit perfectly (only risk was on Thursday evening when the TASR puts down 38% (from gains though not original capital) were decided to hold through a possible pullback. FEEDING FRENZIES are what we bank on. BIG MOVES from stocks and the traders that didn't make it in on the original move will buy or short late and give us the edge we need. Finished trading for the most part by 11:30 and by 2:00 or 3:00 is the "short cover" time where we cover and sometimes grab a long for an hour or so or just wait to short the next 10:00 rally on the next day.

Now we have straddles in OSIP, GNTA and once again might expect a bounce in TASR not because its worth anything at even these inflated prices but we count on "trader frenzy" and the "me too" greed to bring it up artificially and short or "put" it back down. In the future since its worked so well we will increase our "FDA anticipatory upswing" and "FDA anticipatory downswing" trades for our traders. We also will use the BIGGER momo stocks (only those with options) to play the Psychology of the traders as well as the actual chart patterns.

For us the past two weeks showed us charts that were clearly bearish and when there was a bearish flag (also in building, reits, financials, they were shorted) Only QLGC and MXIM had better gains but even puts in these are being held for May expiration.

THE BEST CHART STRATEGY since January 2004.




for the big move down or sometimes the short cover rally. This will usually repeat the morning trend (gap 'n crap) and works espcecially good after traders get stuck in "bull traps"

REVERSES THE MORNING trend (usually the "recovery" by 11:00 or in case of deep shorting, might be a short cover rally for us)



Longer term or even intraday the rising wedge in a downtrend is a great short strategy. For semiconductors there was very rarely (on daily chart) even a bear flag. Stocks like FLEX, SLAB, SNDK TSM, GNSS, dropped to 2004 lows and support levels or lower and that is just what we banked on. (puts soared, intraday shorts were huge, and calls that were cheap to begin with and picked up as hedges were easily dropped without eroding the STRADDLE value) WE chose 100% of the time May expiration especially for any calls because there was no point in losing even more option premium when the gain/loss was going to be SHARP and IMMEDIATE and easily lasting through May expiration. Who is worried now about June expiration?