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Pastimes : Home on the range where the buffalo roam

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To: mishedlo who wrote (8126)	12/27/2000 11:47:10 PM
From: Walkingshadow	Read Replies (1) of 13572

RIMM looks once again to be setting up nicely for a short. This pig can't last, and with a recent upgrade, that just about nails the coffin shut. Last four analyst actions have been two initiations (buy, strong buy), and two upgrades. These have occurred between last July and now: biz.yahoo.com When RIMM falls, it will be painful. I think it's setting up nicely---and being helped by analyst upgrades/new initiation---to do just that. Now having trouble at overhead at 80, in the region of the declining moving averages, with technicals deteriorating. Downside risk to a short here looks minimal, with first overhead at 80 giving RIMM trouble, then after that there's resistance at about 90, and major resistance at 100. Also, note that this rally in RIMM has failed to attain the neckline of the head and shoulders, which would be about 82. askresearch.com askresearch.com As always, JMVHO.............. Walkingshadow

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