Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

IBM short set up (below 82) and I'm glad I'm out never waited for April 14, not even April 4, however I might reenter sometime next week (Maybe this time the 80 calls <g>) the rate this baby is moving down. I picked up IBM only on the "sentiment rally" yesterday morning and quite a hunk of shares plus the 85 calls. When I saw the sentiment was not enough to keep up the techs i was out by 2:45 (83.25) I didn't short though then but that small gap up this morning was a very good opportunity. The IBM chart is down from yesterday's high with nary a break in the downside.