Anf

[Goods]

Took my daughter to Cedar Point (FUN) yesterday. Love the place.

The place is loaded with teenagers on Mother's Day. What stuck out was, no exaggeration, 50% of them wear Hollister or Abercrombie and Finch (ANF).

Keeping an eye in it before earnings on the 23rd. PEG is 1.1x compared to 1.4x for the sector.

[whodi]

I am not sure what ur stategy on your trades are, me personally, I hate to buy or short stocks and hold the positions in stocks while they are releasing earnings. Its a good way to get slammed. It could work for you but me personally. I always wait till after the earnings come out. When I 1st started trading I held stocks over night while they released earnings and the stocks would open up 3 to 4 points higher and I would be in a short position or the stocks would open up down 3 to 4 points and I was in a long position. Sometimes you can tell the way the stock is trading before the earnings if the volume is high, there is always leaked info from insiders but I usually like to have my money on the sidelines and wait until after. Just to risky. I just recently shorted SOMX and made a real nice profit on my short, I covered my short before earnings and there forecast was bad and it dropped another 2 points but at the same time, what if the earning were good, I would of gave back all my gains on my short.

[Goods]

Whodi-- Thanks for the advice. I'll humble myself by saying I'm always looking for a better strategy. I'm just learning how to read the SMA and EMA charts.

What I do right now is look for companies I believe to be good, selling at a PEG rate lower than the rest of the sector. Find whatever news I can, look at the balance sheet and wait for a break in the price if I like it. As far as earnings, if I feel the earnings will be good, I like to buy in the week or two leading up to them. I learned the earnings lesson getting crushed on YHOO after having a nice gain built up. On the other hand, I bought AAPL up waiting for the most recent earnings because I fully expected them to beat.

I've done good numbers compared to when I first started about a year ago. But probably like yourself, I like to trade quickly rather than hold. And my current strategy isn't right for that.

Advice is always welcome. My pockets could always be deeper.