"Don't Trade The Market Alone!" Electronic Equities Traders Since 1992
Tuesday, September 21, 2010
Long RIMM all day, still long on a swing trade to a FIB target of 52
Long RIMM since the earnings on a swing trade. Took a lot of pain long it yesterday. I'm have a hard stop at yesterdays lows after the weekend barrons bashing. The stock today has almost retraced all those losses with incredible relative strength. i have been calling it long in the room all day for handsome profits. I'm looking for a short term target of 46.94, and a fib expansion target on a partial swing trade to 52. I'm suspecting a slow melt up in the NASDAQ till next quarterly earnings season and this stock I'm planing on holding as a core position to swing the overall market strength.