Replies to post #18804 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

EBAY, MERQ AMZN, whadda joke these companies were near earnings is..KLAC now called (KRAP) heck we did the same thing last quarter! IBM.. is getting closer to 100 (yes I'm counting backwards and have reached 87.53 from 92.95. WHo in their right mind would buy KLAC above 60, our 'first target' was 55 and now I'm thinking closer to 50.


Why folks keep debating on what is right in front of their eyes! These stocks rally for 10 minutes and folks think "HEY we're recovering" All I see are more and more shorting opportunities at upticks. CONGRATULATIONS bears! Actually I don't care a darn about a general market direction, I play the earnings results and know when upside is already factored into a stock from 6 years experience. You have to really be SENILE to see upside from EBAY, KLAC, IBM, MERQ, MACR etc. Only the huge and welcomed downside from ERTS and MACR surprised me pleasantly. FOLKS LOOK at the charts and the results of the EARNINGS REPORTS, let the tug o war and one upmanship of who calls the trend change stay between them. While they argue, we'll trade what we see!

[jenna]

MACR -35%/PHM+9% AWESOME! We are or were IN BOTH in the right direction! very nice ride on this skyscraper. THE MACR PUTS were possibly the most profitable since the internet days. PHM is tired too high to hold long overnight what a winner! So is this a market direction decision based on trendlines, indices, no. Why are the semis in the recycle bin and builders soaring. Its not just the earnings its the combination of great earnings in some p/e ratios still in single digits! Our long/short ratio today is enormous.MACR down 34% 9.28 points and PHM is up 6.78 points and 9%.. what is the commone denominator.. surely not market direction analysis.. its just EARNINGS.