The Black Box

[ljk]

Yes. I shorted RIMM both days as day trades, and was thinking about how many more days I can do that. There are a lot of factors. All the shorts from before may not have covered yet, hoping for a nice retracement. The gap doesn't have to be filled but it's a drag on the upward mobility. There were a lot of upgrades, even given the big move. Profit taking may be over for now, but may start again if the stock starts a really nice little retracement.

It's tired but could be gathering strength for a further move if there's a really ebullient market. Otherwise I'd expect it to give back at least 5 more points of the 23.5 it grabbed that day. And a really lucky short could get more than 20 points, filling the whole gap. What do you think?

Linda