trading strategy: it doesnt always work, nothing does, but if a stock is very oversold for days before earnings, often it will sell off after earnings despite what earnings report says,, if a stock is stable, at support, but not oversold b4 earnings, then often it will surge afterwards higher,, DELL is an example of the latter, and CSCO the former
the stability suggests that MarketMakers are long the stock, holding it up, but not forcing it to oversold,,,perhaps even selling in days b4 report to keep it at support as they buy more
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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