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Replies to post #9131 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

Replies to #9131 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)
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jenna

09/20/02 12:16 PM

#9133 RE: jenna #9131

ALERT GILD.. this is not sinking but trying to swim. First a break of the 20 period moving average and than the 100. GILD is rallying and might rally longer. This morning's move looks now more like an exhaustion move down (see IDPH and GILD) proving you can't go long on an end of day chart.

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jenna

09/20/02 2:22 PM

#9150 RE: jenna #9131

QCOM ironically IS NOT THE TRADE of the day!.. its barely up $0.50 from entry, not even as good as ACS, LEN or the shorts in EBAY, IBM and the rest of the tech crap. I would not be holding this long into the weekend, In fact I'm still holding the 25 puts which I didn't dispose of yesterday near the close.