Replies to post #8827 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

Exactly what I think. I am very 'stingy' with long plays picking cheap ones. I saw what happened to ISLE, SKX and even JILL, then I look at QLGC, NVLS and KLAC and remember disasters in the past. We probably will rally, but 1,325 will be an area that must hold through at least Thursday or this will be just a pop not much different from any bearish flag rally we had in last 2 years. Earnings misses are quite catastrophic and stocks get beaten down further even after they are already 'shortened' by 75%. They also 'blimp up' rather quickly. I don't see that anything has really changed. But like the "QLGC_rally" we might move up just because basically everyone WANTS TO MOVE UP.

[lee kramer]

Hi NY John. I won't buy a stock to be patriotic. Buying stocks isn't really patriotic. Patriotism, a rather strange concept, come from inside.