Replies to post #14119 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

Holding short: NVLS (puts), YHOO puts, EBAY puts closed entire position of XLNX puts, short .... for now. Will definitely be revisiting XLNX before earnings.

[jenna]

technically triggering: Still INTU and QLGC. QLGC looks like a good candidate for yet another early morning crap, but you don't have to chance it. Its much easier to either

a) short a gap up or short an early continuation of Monday's trend (trends that end down usually have exhaustion moves down in the morning and could last until 10:30)

b) buy above support after 3 Wide Range Bars, and a third bar with a higher high with volume and indicator confirmation.

[jenna]

These were the long holds posted:
..."Holding long: DNA (first time holding some actual shares overnight), C, GE, ABT, (DIA 84 calls still) and OEX calls (april 450) (both these are part of much larger positions that are leftovers) IBM 85 calls, ZMH and STJ (All positions posted before the fact with charts or alerts) (for more information on calls made just type in the stock in the IHub Search and click on FULL TEXT) Intraday charts that were used will be posted after the close."