Replies to post #22028 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

KLIC/KLAC twins are horrible in an up market! TKTX, ASKJ and OSUR are also pretty easy blimp targets. TKTX move on Friday was excellent if you got in, and I wish I had, if you didn't you might get about half of that move or more on the pullback and at least you can set it up in advance. Sometimes I like to cruise these blimps to find good short opportunities and there was time on Sunday evening to locate these 3 easily.

[jenna]

NVEC, not only CRAP but dangerous crap. If you do pick this up be prepared for sharp moves intraday so keep those stops tight. We are still for shorting rallies in NVEC but waiting for options and barely touching it beyond that. NVEC is a trader killer unless you set up stops very carefully. We will be posting a detailed chart for NVEC tonight on this thread, with proper resistance/support areas. There are better plays like TASR and even RIMM, but I know everyone wants that NVEC magic ring at least according to the emails received. Of course the emails come in always AFTER the stock pulls back from the intraday highs. Just for now set up audible alerts above 48.50 and wiat to short the rallies when folks get stuck in this roach motel called NVEC. Personally give us the education sector with APOL and CECO any time!