Tuesday, January 30, 2007

A slow day

  1. A slow day in market, people are waiting. Next three days we'll have enough news to move the market, at least get volume.
  2. Nasdaq is up 0.3%.
  3. Sold ABX and bought SSRI,PAAS and AEM today. Now I started to build up my SSRI,PAAS and AEM positions.
  4. Long term, I think silver will outperform gold, and as a result, I need to beef up silver holdings.
  5. RIMM is down 1 point again to close at 123.49. It needs to break 120 and stay below 120 for a few days to confirm the break of the neckline of the HS pattern. Then a major down trend is on the way. Today's volume is light. But since I have RIMM puts, a down day is a down day and I'll take it.

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