What area being said worldwide:
People are looking to buy anything that has the words 'social networking' in it," said Michael Yoshikami, chief investment strategist with YCMNET Advisors in Walnut Creek, Calif., which does not own LinkedIn share
It was very reminiscent of the good old days in Silicon Valley when a company trades on sentiment, not fundamentals," Yoshikami said
But LinkedIn's spectacular first day of trading revived memories of the dot-com era of the late 1990s — a bubble that, of course, ended in disaster as technology stocks crashed in the early 2000s
The closing price gave the Mountain View, Calif., company an eye-popping market value of nearly $9 billion, 37 times 2010 revenue of $243 million. By way of comparison, job hunting site Monster.com, a product of the first Internet boom, has a market cap of $1.9 billion, a paltry 1.7 times sales

Investors are betting on the prospects of a company that has established itself as the leader in professional networking with three revenue streams: online ads, premium subscriptions and hiring tools for recruiters.

Mutual funds, pension funds and other major money managers snapped up most of LinkedIn's shares. Hot IPOs typically are sold only to investment banks' top customers.

I was hoping to short at 107 but still rejected...

Another doomsday...
Another excuse to short the market.

Still can't short MOFO LNKD... Imagine if short @ 119 x 200 shares..

Options still not available.

AGQ s stirr-ing again................   

The rest of the PM stks are just lagging............ 

Sold half and keeping half. Will it breaks $300 again?
Duh, was waiting for Apple to be at 330.00 before entry and now its too little too late.

U see, last year May investors are worried on european crisis and this year May is having the same cycle. I think it more like a routine news to pull market lower before they re-enter again.

Conclusion
Lets wait for all the sign to be bullish that is when this index will rebound up for another positive round

Entry Price 12400
Resistance at 12866
Support at 12359

Source: http://edwinextremebullrun.blogspot.com/20...-and-go-up.html

Look that is broke the support at 12289 and diving down to next support at 11876.

This counter form a lower low instead of rebound 

Any ideas what happened to China IT stocks? Seems dropping like nobody business. YOKU and DANG taking a huge hit.

That's the danger. YOKU off high from 60's early April to now mid 30's.
Same pattern of YOKU and DANG.

The only China stock that I ever traded was Jewelery - now below $10 due to accounting fraud.    It was also Dan's favorite stock. Can't recalled the name now.

http://chinhdangvu.blogspot.com/2011/06/ch...-dogged-by.html

Thanks Dan.. FUQI... sounds dirty in malay...
Market sideways again today.

That's true, technical chart only serve as a platform for indication of where the price likely heading to, however it still lack of human sense and judgement. I'm eager on China techie stocks but normally these companies lack of transparencies and mis-management so any single issue probed will make the shares price halved in just matter of days. Banking stocks is dying since beginning of 2011, in fact heading backwards compared to 2010 level (I'm still stuck with my AIG and C). Metals has been rising since this year and still looks expensive despite correction in past couple of months.

You are gurus in precious metal and commodity counters so maybe you want to share the info with us when you enter any of these stocks for our guidance 

No matter what level is the support, many stocks already reach attractive prices to enter. Probably by this end of month should get our bullets in to enjoy the 2nd half fruitful year.

I'm looking into China's Amazon 
"DANG" which right now is only $12.00.
However a bit worried that despite looks attractive but next few weeks it may become either $20 or $2.
Does it worth the risks?

I'm quite a risk takers investors but I'm just worried if the downtrend may persist on this counter or laggards below $10 for years to come. Very scary to see that everyday it's dropping despite the low price but do not want to hold another GM that I bought 3 years ago.