Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

ERTS.. is up simply because with the rally we are enjoying, traders are running with ERTS similarly as they have run with CCMP. ERTS p/e now at 300+ is running together with the stock and that is what is probably going to set it up as a strong possibility for a nice short. The stochastics are nearly at 100, its just expanding and blimping like a few of the others. But you can't short ERTS with the Nasdaq up but its PULLING it up. I can't see ERTS move above 58, but if it does, its PROBABLY the last stand it makes. I was short this one aleady and covered, I didn't have patience to hold it and I would short it again.