RIMMed again

Ya, RIMM said something about being the best company in the world, announced something huge about sales and profits and revenue.  My reaction, time for going on tilt.

If you don’t know what tilt is, the plainest explanation is when someone lets their emotions cloud their judgment.  In this case, it means that I’ll be trading against RIMM.  A lot.  Watch for something entirely stupid from me.  I’m really all about being on tilt, it makes for the best trading as far as entertainment goes.

Here’s where the competition could end early too.  This will be about buying puts, and more puts, and more puts, all against RIMM.

I won’t explain my reasoning behind why I think RIMM will fall or how the chart was showing weakness or historically how it matches other charts.  This is some place where logic is removed from the trading situation.

RIMM was up over $122 this morning, before falling down to the current $117 level.

The DJI is up about 170 points right now (at the 13415 level).

“IAB”

Just think, I get to enjoy my holidays knowing that it’s all red from this point.

Well, 2008 will either be year of the bear or it will be year I become a bull.