Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

TQNT might have another "run into the close" but don't get suckered in... It could easily do the "SEBL_shuffle".. the best way for those who missed the gap down this morning was to short the "rally". Remember the "Hey I missed the morning gap down, there is more downside to this market... so the novices SHORT the gap down.. the pro's short or reshort the highs again.

It doesn't even pay to go long during the rally. Only companies that really proved themselves like MMM and RIMM but even those are very volatile. the best way to handle this afternoon is to take profits off the table again (building shorts, banking shorts, health care puts/shorts)