Bought RIMM, because everyone is going fucking crazy buying. Figured I didn’t want to be left behind. Buy the rumor, sell the news? Might be. However, I’m seeing a lot of stocks setting up for a nice run and I want to be apart of it.

I would like to see a run to $16 in RIMM, but everything is completely crazy so that may be wishful thinking. I’m in negative territory today, as AMZN gaped higher and I was forced to cover at open. I’m nibble; extremely nibble. If I’m on the wrong side of the market, I’ll change up without hesitation(as I have done today).

I’m also keeping a close eye on LULU, MS and AMZN for long positions.

UPDATE: I’m also watching AZO for a short. It’s showing significant weakness today.

UPDATE: Amazingly, MCD looks like shit today. I have opened a short position on the break of the December 29th low. I also sold my RIMM short, I entered that trade on the break on $15, so I have recouped my loses for today and I could ask for nothing more.

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