Rimm Set for a Crash ?

S2007S


Registered: Aug 2006
Posts: 7275


09-22-08 08:30 PM

AAPL is falling back below $100.

No need to take an investment in it now.

Stay away from AAPL, RIMM, BIDU, GOOG, CSCO, DELL etc....tech in general



With the slowing economy there is no reason to jump into tech, it will be years before the nasdaq gains back most of its losses. Aside from that there is no catalyst to push tech higher. I think the AAPL trade is done with, WAIT and be patient, you will be able to buy

AAPL below $100
RIMM below $70
BIDU below $150
GOOG below $300
CSCO below $18
DELL probably between $10-$12....

SELL tech SELL tech SELL tech.
 
Quote from S2007S:

S2007S


Registered: Aug 2006
Posts: 7275


09-22-08 08:30 PM

AAPL is falling back below $100.

No need to take an investment in it now.

Stay away from AAPL, RIMM, BIDU, GOOG, CSCO, DELL etc....tech in general



With the slowing economy there is no reason to jump into tech, it will be years before the nasdaq gains back most of its losses. Aside from that there is no catalyst to push tech higher. I think the AAPL trade is done with, WAIT and be patient, you will be able to buy

AAPL below $100
RIMM below $70
BIDU below $150
GOOG below $300
CSCO below $18
DELL probably between $10-$12....

SELL tech SELL tech SELL tech.
More...


great post. i totally agree.
 
Quote from stocktrader2007:

Its clearly indicating RIMM might test its lows again after the earnings if the earnings / forecast doesnt beat the expectations.

Lets wait for the earnings.
More...

Mad respects!

73 now. would it keep getting lower?

I am thinking of shorting it until the end of the day.
 
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