Thursday, October 22, 2009

Learning Earnings Plays

I need to get on a program of keeping track of the earnings and playing those stocks especially techs. I've had real success first with SNDK and paper success with SNDK, AAPL & AMZN. AMZN was a great play this afternoon. I was just checking CNBC online and caught that Amazon beat expectations and the stock was trading higher after-hours. I immediately jumped on Lightspeed right now and was on the demo and within 10 minutes was up about $250. These earnings were great easy money because you can feel the momentum which is very forgiving and as long as you know the levels which are usually psychological you can rack up the P&L pretty quickly.

http://blackmarkt.blogspot.com/2009/10/todays-paper-performance_22.html

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