Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

CMVT 1:30 e-mailed intraday update:

Look for at bounce above 20 ma (17.30)
1:30 end of doldrums.. CMVT making an earnings run here. By the close you need to have done the following:

1) Locked into shorts in CMVT and gains in the 17.50 puts;

2) Added some cheaper CMVT 17.50 calls ( $0.65 or so);

Make sure shorts are covered and/or hard stops placed above profitable areas (builders).