Replies to post #13776 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

RIMM looking better and better as it tests and passes 14.50 but lock in in the 14.75 to 14.90 area those long upper tails. I would still be holding RIMM in front of the report. Should be more "anticipatory upswing" but if the nq's continue to pull back, you might want to monitor it carefully.

http://www.investorshub.com/boards/read_msg.asp?message_id=888996

http://www.investorshub.com/boards/read_msg.asp?message_id=889038

[jenna]

LONGS are just daytrades, as I think its wise to keep those puts (ebay, nvls, xlnx) as hedges as this market can turn on a dime and all the way take those daytrading longs as we have gotten quite a pile of them that triggered. We are not even close to earnings so we have no more coming out this week (except warnings), when we have more earnings coming out by April 10 or so we might see some more "CERN's and JDAS's" We are moving up on sentiment and hopes of a quick fix to our problems and for intraday, I'll take it but not put too much trust in sentiment to keep my trading portfolio in limbo and at the whim of a "CERN-LIKE" move for the entire market.