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Indicant Weekly Stock Market Report June 10, 2011

NAS#55-RIMM has not yet eclipsed its 2007 peak. As of this writing it is down 20.5% since the Mid-term Indicant signaled sell on May 6, 2011. It is down 74.7% since its all time high from 2008. It is enduring a bearish trend. Their dilettante management team is being outcompeted.

That contrasts with NAS#01-APPL, which is up 4,410.7% since the Mid-term Indicant signaled buy on May 2, 2003. Apple's management team, led by Steven Jobs, who is not a dilettante, is outcompeting RIMM. It is interesting that RIMM was in the telephone market prior to Apple's entrance. Apple saw RIMM's weakness and attacked.

    There is no intellectual argument as to what is better here. The evidence is "objective." Intellectual elites tend to avoid objectivity, favoring instead, whatever is swirling around in their little 3-pound brains. They have disgust for those who can objectively point to their achievements, while intellectuals tend to pontificate their greatness with minimal caloric spend.

 

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