[11:33] <brandon> I will never understand this [11:33] <brandon> all morning I saw people in other rooms trying to short this thing [11:34] <brandon> its the strongest dad gummed stock on the board [11:34] <brandon> if you want to go broke [11:34] <brandon> short the damn thing [11:34] <brandon> if you want to keep your money, either leave it alone or go long [11:34] <brandon> when something starts moving like this [11:34] <brandon> its like a big aircraft carrier [11:34] <brandon> and if your in a little boat in its path [11:34] <brandon> its gonna run your lil butt over [11:35] <brandon> For the Gap and Go setup we know that the bigger the gap the better [11:35] <brandon> the reason is that the bigger gaps are very emotional [11:35] <brandon> and we prey on people getting emotional and silly [11:35] <brandon> thats how we get paid [11:35] <brandon> we are like the doctors who just hand out pills [11:35] <brandon> we offer short term solutions to pain [11:35] <brandon> a bunch of traders hurting [11:36] <brandon> thats where we want to be [11:36] <brandon> because there will be profit [11:36] <brandon> so here in RIMM big gap up [11:36] <brandon> the chart over to the right is the one minute chart [11:36] <brandon> and you can see first thing that it formed that pivot high [11:36] <brandon> in a stock like this [11:36] <brandon> the very first pivot high of the day is a trade [11:36] <brandon> so when it took that out we had our first alert in the stock [11:37] <brandon> the second one came a little bit later [11:37] <brandon> onto the five minute chart on the left [11:37] <brandon> something to always keep in mind [11:37] <brandon> 1) Aircraft carriers dont turn on a dime and a stock is not likely to either [11:37] <brandon> and 2) Nothing just go Up up up up up without taking a breather [11:37] <brandon> think of it like this [11:37] <brandon> if you are handing out water at a marathon [11:38] <brandon> and you got some guy sprinting by you [11:38] <brandon> not pacing himself at all [11:38] <brandon> you know he is not gonna be the one to win the race [11:38] <brandon> stocks need to pace themselves too in order to keep moving up [11:38] <brandon> they need to rest up a bit [11:38] <brandon> and they do that with bases and pullbacks [11:38] <brandon> and you can see the circles here that we had two very nice basing opportunities on RIMM [11:40] <brandon> all told we have had some awesome setups in RIMM [11:40] <brandon> could be the stock of the month for sure [11:40] <brandon> a couple people have total gains of in the $7.50 area on the day in this stock [11:40] <brandon> which is just awesome [11:40] <brandon> also [11:40] <brandon> if you look at the five minute chart right now [11:40] <brandon> its resting again [11:40] <brandon> now its gonna get more and more risky [11:40] <brandon> coz eventually everyone is gonna be trying to catch that train [11:41] <brandon> wanting to be long etc [11:41] <brandon> wishing they had been since the open [11:41] <brandon> and as more and more second chances present themselves [11:41] <brandon> the people who missed that last one become more and more desperate [11:41] <brandon> and want to get in [11:41] <brandon> and they are not the top traders [11:41] <brandon> so just know your risk is getting higher [11:41] <brandon> at this point [11:41] <brandon> Im still willing to trade this next bullflag that is forming out [11:41] <brandon> but given that its noon [11:42] <brandon> and its so far established on the day [11:42] <brandon> Its gonna be smaller size [11:42] <brandon> about 1/3