This morning we tweeted our Best AM Idea (BAMI) in RIMM. Based on our observation from the after hours trading yesterday we thought it was likely that RIMM would bounce on the Open from 69.50 and have the potential to trade as high as 72. When the market opened RIMM quickly traded down to 69.50 and I got long. Not … Read More
MAKING TRADES YOUR OWN (BA)
BA gapped up on good news but then started an intraday downtrend. Then it found a range from between 72.15 to 72.40. ALJ who sits behind me, aka Mr. Photogenic, started a long position. I started a short position. Same stock. Not five feet from each other. I knew exactly his position and reasoning without dissent. His mentor short and … Read More