Replies to post #12764 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

Did cover XLNX and MXIM..but held incremental short positions in other pigs. XLNX tricked with a quick break of 22.50 by end of this week this will look like CYMI (which I missed 1 point out of the 6.5 point pullback) but the 'bird in hand'...

[jenna]

the NQ's are diving, remember that 62% retracement, well it now retraced to 100%
http://www.investorshub.com/boards/read_msg.asp?message_id=810755

That is why we chase one direction, and look to short at spike highs or failure patterns.

this nq chart posted at 1:45 for the pre-2:00 (1:45) and 2:00 REVERSAL period traced back to 100%