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Strategies & Market Trends : Earnings Events: Short-term FA and TA plays surrounding Earn

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From: Mylar11/8/2007 1:33:19 PM
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GYMB - Out for HUGE LOSS at $.50

Stock bounced on good news as expected. Unfortunately I was 2 weeks early and 1 call strike price off from making $$. Lessons learned with this trade were:

1.) Dollar Cost Avg into trades rather than taking a full initial position.

2.) Entry for 99.9% of earnings / news plays need to be made only up to 3 days in advance.

3.) Bad Charts = Bad Plays!

Mylar
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