Replies to post #21056 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

CECO emailed and suggested for tonight as potential pullback after the dismal performance of EDMC. Expecting more downside there as well.



CECO is something i've been following waiting on the EDMC report, We got no good move in EDMC so it might follow that CECO does one of the following:
1) a JCOM / UTSI move gaps up and instantly craps to a new low (usually in response to profit taking but more dire an analyst downgrade, etc).

2) CECO moves down slowly and steadily like EDMC so non-option players might prefer to WATCH THIS CAREFULLY TOMORROW for the morning play.