1-22-07 summary and tomorrow's plan

1. RIMM is down more than 3 to 121. Tomorrow it may open up with TXN's earning news, but if you read TXN's earning carefully, actually it lowers sales and earning forcast for next quarter, that's bad news for mobile phone makers like RIMM.
2. I'll short RIMM on any strength and it will close lower tomorrow, to 120 or below. If it's up, then short it and hold. Target is still below 100 in 3 months, may reach there much sooner if market turns south.
3. AEM, GG, SSRI and PAAS's action today is not good. GLD and SLV's rally faded quickly. Will add on weakness, but keep a small portion at a time.
4. USO, OIH and XLE's action is really bad, turned from green to red in a hurry. That's not saying it can't turn around quickly, but I won't touch these three and will wait for better entry.
5. For tomorrow, short RIMM and buy QID maybe the best and safest.