Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

NCEN.. stopped out but look for another long play tomorrow in both NCEN and GBBK. We need to give them time for an exhaustion gap down and then gap fill in. In fact with so many recoveries only after gap downs, its almost a standard strategy NOT TO HOLD POSITIONS OVERNIGHT but wait to enter them as they fill the gap down on the way up. Strategies that are outdated just won't work in these markets. Strategies have to be 'tweaked' to allow for these huge gaps in the morning. Any watch lists or newsletters just can't take these gaps into account and are totalling ignoring them, rendering any hope for guidance there impossible. The downside is that those that are looking for very profitable trades have to be updated constantly or they will look like those kids from the "Blair Witch Project" losing their direction in a most decidedly scary place.