Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

LONGS are just daytrades, as I think its wise to keep those puts (ebay, nvls, xlnx) as hedges as this market can turn on a dime and all the way take those daytrading longs as we have gotten quite a pile of them that triggered. We are not even close to earnings so we have no more coming out this week (except warnings), when we have more earnings coming out by April 10 or so we might see some more "CERN's and JDAS's" We are moving up on sentiment and hopes of a quick fix to our problems and for intraday, I'll take it but not put too much trust in sentiment to keep my trading portfolio in limbo and at the whim of a "CERN-LIKE" move for the entire market.