Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

EBAY hold those shorts/puts. BAC is now below 60.. Why bargain hunting? There were bargains for the past 2 1/2 months, its just like no one gives a damn any longer. DOWNSIDE is accelerating, so I would still be holding shorts. I would wait until 2:00 or 2:30 to see if we get another SHORT COVERING rally. (which we can probably reshort by 3:30 or so, or if not just hold those shorts, we have plenty of earnings reports this week)