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SLV can go to $7 for the same reason that went to $50. Personally I believe it might stabilize around $22.

Results have been very good so far but it seems that things started to change on a dime. COOP is goigh up and GDP slow growth is not helping either. R&D cost is another factor is damping the profit. I see the tech and semi sector drop 5-7 on average % in the next 5 weeks.

That is why market is rallying

Bubble burst of Silver which you were predicting is happening as I type. This week will be a very upgly week for silver.

Will you short it in the next couple of days?

You have to slow down in your postings. over 1600 posts in less in a year? stay with helpful and meaningful posts.

It was not an earning. It was just the outlook for the next Q and readjustment. I don't trade RIMM but it is in my comparative radar list. After I posted, I got the news in marketwatch but Elitetrader did not allow me to delete my postings. I have PhD and a profitable trader from 1995. I have...

I believe we will see RIMM at $35 in 3 months time frame.

Any idea? News?

NFLX will hit below 200 in a week. Reasons: 1- General market correction in a week 2- NFLX specific correction.

Now I change my mind. I say by tomorrow close it will be down $30. I have no position on NFLX and never traded that. Not my cup of tea.

wow. I just watched the price for 5 minutes. From -$10 to +$10 and then to -$10. I got dizzy.

You are right and I never traded it but I guess it will drop $20 this time.

Institutions and hedge funds who owned APPL are selling now. I don't mean shorting. I mean taking profit. The same is happening in semi stocks. Many institutions have also started to short SPY as of today.

Another goog prediction. I am out of posting for a while. I have realized that the number of posts is inversely related to your profit in the market. So I am back into hiding for a while in order to keep making money:D

I believe the rule in today's market could be " Don't be fooled to buy high and don't be fooled to short low"

Check it out. Semi stocks are coming back strong today. Check out ADI. Will hit $40 soon. TXN will also be over $35 in a matter of days. Safe bet is SMH. IBM, INTC, and LLTC will report today.

Time to short SMH, TXN

TXN will trade at $32 and below after halt.

S&P 500 wants to fall. Exhausted. ES June is 1329 now.