Thursday, July 24, 2008

Today Thoughts: Short side Idea

I think we are going to get a nasty nasty sell off. Tech beside from financials will be my number one area of shorting. There are a couple of stuff I believe are VASTLY overpriced and my number one stock is RIMM. RIMM comes to mind after seeing CROX crushed after the close tonight.
Everyone is so in love with their Crackberry but this makes be believe that in the next few quarters RIMM will not be the number one corporate provider of tech to corporate world.
RIMM is my Number ONE short for the next 18 months.



MARKETJEDI RULES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

No comments: