Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

Bubble got burst R.I.P. (BLIMPS September 2000-April 2001)...
http://www.marketgems.com/Short_Saga_of_the_BLIMPS.htm Not only are the posts originals from the dates, but you can still click on the links and find much more. So where were you when the market was tanking? When was it bad enough to exit? Never?

Of course we are not sure the bubble won't come back, but we sure as are not stupid enough to push this. We got the meat and we are just on the spare ribs for now. Even today although RIMM was upgraded to strong buy JNPR, CIEN, BRCD, INSP, NVDA IBM were all "gappers and crappers" but we got some good earnings plays which is where we find good plays. Technology will come back sure, But I'll pay 13 bucks for CSCO while others paid 60 because that is the value. I pay for value and not hype. We shorted the hype sold to us by the analysts.. and if we need to short them again, we most assuredly will not hesitate. As for now, we are only holding some puts sparingly and going long where we need to.