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Strategies & Market Trends : Ride the Tiger with CD

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To: ralfph who wrote (212874)3/16/2012 12:13:03 PM
From: stuffbug  Read Replies (1) of 312262
 
Ralph,

I was only commenting on the double bottom chart pattern. However, in my opinion, all the bad news, and then some, is already baked into the stock price. Even a bear market rally in RIM could see the stock at double the recent lows.

Most of the negative comments that I have seen lately are nothing more than piling on a loser and waving pom poms for a winner (Apple). This isn't Nortel. There is also some significant fundamental news that could drive the price over the next few months. The world market is not limited to the U.S. consumer.
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