Jump to content



Photo

short RIMM 211.50 to 80


  • Please log in to reply
5 replies to this topic

#1 hiker

hiker

    independent trader

  • TT Member*
  • 12,118 posts

Posted 02 July 2007 - 09:05 AM

nm

#2 mss

mss

    I'M WATCHING

  • TT Sponsor
  • 6,182 posts

Posted 02 July 2007 - 09:11 AM

I think he means $180. mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#3 Drano

Drano

    Member

  • Traders-Talk User
  • 481 posts

Posted 02 July 2007 - 01:01 PM

Looking pretty toppy here in the 213ish area. This means it will rocket up another 10 points shortly. I am an excellent contrarian indicator.

#4 hiker

hiker

    independent trader

  • TT Member*
  • 12,118 posts

Posted 02 July 2007 - 01:47 PM

sold BIDU swing long above 184...short next? covered RIMM short on the move back up posted BIDU swing entry here some many weeks ago.

Edited by hiker, 02 July 2007 - 01:53 PM.


#5 mss

mss

    I'M WATCHING

  • TT Sponsor
  • 6,182 posts

Posted 02 July 2007 - 02:21 PM

:) Nice swing on BIDU been long RIMM from friday - waiting trying to go long AAPL at my price, - (122ish rest.) if cleared will double, otherwise just a trade mss

Edited by mss, 02 July 2007 - 02:22 PM.

WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!

#6 diogenes227

diogenes227

    Member

  • TT Patron+
  • 5,120 posts

Posted 02 July 2007 - 02:54 PM

In the face of Apple's launch of the iphone, RIMM looks like a rocket ship to me. Overextended maybe but probably still the leader in its field. I remember there was a guy on the public chart list of Stockcharts a couple of years ago who shorted GOOG at 210, doubled his short at 230 or so, bought long-term puts at 260 and then again at 280, and quit posting to the public chart list about the time GOOG (with those puts) took him for about 150 percent on the original position. Don't fight the tape.

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."