Have a look at this weekly RIMM charts, I would sure hate to be holding this, these parabolic move usually correct just as fast.
I thought it was the New Economy excuse again for stocks like AAPL and RIMM never going down. Everyone lambasted me when I made my long term short call on these names a few weeks back. The Blackberry is a glorified overpriced oversized cellphone
From a strong economy fueling lots of consumer sales? From the iPod getting world domination? Everyone already has one it seems, IMO.
Forget the iPod, I'm talking about computers. Also the iPhone seems to be gaining traction in Europe.