Tuesday, August 28, 2007

Getting Spanked



RIMM calls... wasnʻt a good idea.
- it just split... so the hypes gone
- it was overbought
- it doesnʻt report til september
- credit woes (this factor seems to be keepin it and everything else down)

...so was this a bad trade?
- not if it comes back...
- not if FED helps again...
- not if earnings blowout again...

...past experience...
- iʻd sell at this point, kinda no-mans land
- then iʻd suffer watching a huge comeback
- OR iʻd watch this trade dwindle to zero...

iʻll be icing my okole for now...

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