Replies to post #18856 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

ADVP, MTXX, Asians huge upside. MSFT and friends huge downside and we were in both.
Some losses in the morning on the PUT side of an Asian straddled turned into gains when we bought not the open which would have been premature and not safe, but that the buy above consolidation by 10:15 Bargain hunting which is what we suggested might happen but we didn't buy techs just Asians after consolidation

[jenna]

Asians up after hours another 4 pointer for NTES (no short just 2 longs intraday).. go NTES, SINA we have rolled into the 70 (NTES) and 45 calls for SINA. Next week gemmers look forward to upside in some "solid" plays like ADVP, MTXX and others as we head towards the November earnings month. Those of you that have reached maximum pain on the techs, be comforted, November is a good month for the second tier of earnings plays. We also are a little tired of the semiconductors as there is really nothing new and interesting from there or the thousands who pump and trade these ad nauseum now that earnings are over. Semiconductors are now like yesterday's newspaper or last month's best seller. Our direction is dictated by sector rotation and is never general.

We're ready for upside across sectors and a different niche for a change than the overused semis. A lot of homework is required because there are new plays every day, but the results are well worth the extra hours at night. LONG TERM DAYTRADES in effect through the end of October and maybe some swing trades in November. STAY TUNED