The “Smart Phone” war continues to rage between Apple and RIMM amidst the carnage of this present recession.
While demand for the products are high, traders cash in on the share value. Find out who is winning and how you could easily be a winner too!
Apple verus RIMM…So What Did Happen? |
This is how we keep an eagle eye on this market and you will also see how the strategy of “pair trading” or “trading pairs.” works in real time.
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What trading pairs means is that you buy one market while going short the other market in the same sector. Now Apple and RIMM are battling it out in the smart phone sector. We are waiting on the sidelines to see who gets the upperhand and that is to our advantage. Right now it looks as though Apple may have the upper hand based on its very successful “APP” store.
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All the best,
Go to it,
Good Trading,
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Posted in The Market Club