My shorts of the year.

FAZ (or SKF, if you like) and RIMM were my shorts of the year for 2009. RIMM looks like it can go much lower from here but I called it last year @ 123 short and hold for 2009 short, I am just updating on it.
FAZ I believe can still get a double so if you still in stay in, if you not in dont play it here . You must NEVER chase plays but if you do, that's your call not mine.
Anyways I now hear more coming out saying we going to go lower and this is a sign we might bounce soon because the smart money is already short and making the mula, so keep your stops on and you will be ok.

If and when we get alittle bounce I have a rocker of a trade but lets see when we bounce how far they carry us. We ended 3 points above the target I had for today on the lower side and that means we will test it in the next two days. Everything looks weak and I do mean everything any buying is so obvious is fast money shorts or weak shorts, it is not real buying.
Lets see if we can open higher tomorrow and maybe challenge 805-811 early, that level I would say is a great short. If you gap down I might look for a gap fill and then an attack of that 805 area. We will see soon enough