No signals, no confirmation, no action taken.

As i write this RIMM has generated quite a few over bought signals, while the QQQQ, SPY and $DJI have yet to enter overbought territory.

My hypothesis is that once the rest of them get into overbought as well then RIMM might start moving down.

I don't have a crystal ball and i can't see the future so lets see if the market proves my hypothesis right. And lets see if it proves my hypothesis right many times instead of just once.