Replies to post #14162 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

NVLS "going here" actually all the puts/shorts did well and so did the longs.. The only exception to about 10 plays were still IBM. MXIM is picking up momentum to the downside supporting the theory that "techs are trendless, and born to short" Stocks rallied this morning but the fundamentals and economy did not rally

. ...(not interested in techs or high p/e companies with no growth) Holding those IBM calls is about as much 'invested' as I want to be in anything remotely tech. Stocks like KLAC, QLGC, MXIM, NVLS XLNX MSFT ELX etc. look like random jigsaw pieces with no rhyme or reason and certainly completely trendless.


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