I am pretty exhausted. 1) I just traded RIMM in the after-hours for 2 hours. 2) I just listened to their CEO (or someone who does most of the talking during their conference call) explain business and trying to understand the guy required all of my mental energy.<\/p>\n
What is it with tech types where they think they can just make up their own language and expect the rest of us to understand? Too much “sweet spot”, “apps”, “contextualized.” There were other words but I am so unfamiliar with them I couldn’t remember others. But the bottom line is business is awesome over that at RIMM!<\/p>\n
What I spotted on the tape: Below 70.50 and I will focus on being short tomorrow. Above 71.50 and I will focus on being long. Above 72 I will aggressively play the momentum from the upside.<\/p>\n
Ok so now I am going to go and close out my platform, get my stuff for the gym, and go work out. For those in tech land that means: I am going to go and close out my platform, get my stuff for the gym, and go work out.<\/p>\n
Best of luck with your trading.<\/p>\n
Flat RIMM.<\/p>\n
Steve will give his take on what he saw in RIMM in a few…….<\/p>\n","protected":false},"excerpt":{"rendered":"