Replies to post #23736 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

TASR etc. I will be out of "communication" again after breakfast is over so I might not be able to post today. We are heading out by 10:00 (would like to get some early trades in first!) and might not be back until 2:00 or later. Updates were sent late last night and I'll send out another before the market opens for some 'contrarian' plays. Might lock into some SMH, HHH and OEX (50% already locked) before the end of today's session until they get stopped earlier. I am not a proponent of holding through losses and would rather buy back at another point in time. We might not have gotten all the winners this month, (some slipped through) but we certainly were NEVER underwater in the first half of 2004 for more than a few percentage points. TASR has been regal, and now it might and looks to be ready for continued upside as we mentioned in Last Friday's newsletter already. On Tuesday/Wednesday we loaded up on call options (30's and now the 35's for July) One other sector has piqued my interest and that will be in the premarket post now to those on our mailing list.

REMINDER: We have very many registrations and we know its because we're free (of course!) but be cautious. I don't know how many of you are familiar with our 'niche' of earnings plays. Marketgemmers have a proprietory strategy that is a little more strict with "gap plays" and "anticipatory upswing" so regard those updates in stride. We utilize more forms of "gap plays" (gaps 'n craps) and "gaps 'n snaps) with 6 specific gapping strategies alone!

Keep your financial indexes open at all times and trade according to reversal periods. STOPS are important, as table pounders end up under the table. Watch those futures on the 5 minute chart and the trin and tick as well. For our specific trading pattern charts that constantly repeat themselves look to this link:

http://www.marketgems.com/aboutmg1.shtml
http://www.marketgems.com/TradingRoomStrategies1.html

[jenna]

TEK, COGN, PLMO, etc. July earnings plays will be annotated, charted and emailed as usual (to registered members first and to IHUB the next session or later in the session) as I've figured out how to annotate, etc without the resources I enjoyed from home base. emails will be mailed during the evening (late night from around 12:00) well in advance of "anticipatory upswing" or even "anticipatory downswing" and and during the session ONLY ON STOCKS that look about to hit a trigger and are close to earnings (or earnings plays that are in momentum swing plays like PLMO, COGN, RIMM etc) Less choices will mean zooming in on the critical plays that are MOVING NOW or will move very shortly with fibonacci retracements and pivot points clearly delineated for reference throughout the session. MILKING will be the focus of this earnings periods and "LESS IS MORE" less stock choices but more aggressive trading until culmination of the play (after the gap and the possible swing continuation play)