[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
[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
