Okay, here's a fun thing to watch. I've noticed something since this insane rally started in March. RIMM missed estimates, and is down about 10% aftermarket. They are just killing it, as well they should, in my opinion. Now, given that I am thinking maybe the rally is finally over, what I am about to say may not play out. So, when they kill one like this you'd expect it will start a big downtrend on it, as they decide they no longer like it. I noticed that in the morning premarket they run it right back up, and by early AM it is higher than the close. I'm not saying RIMM will do this, but if it does I won't even be slightly surprised.

My main reason for pointing it out here (other than to watch it for fun and see if it does it) is that if it does not do this, it may be a big clue that the rally is over. So, I'm looking at RIMM here at $74+ and wondering if I will be sorry if I don't grab some if it hits $85 tomorrow morning. I'm not saying buy some (I never tell anyone to do anything ever), I'm just saying in this crazy ramp I've seen this many times, and I never tried it out, and wish I had. But, I think the times may have changed. And, of course, I haven't applied the methodology to the chart to see what it has here that might show this area as a good buying area. If the market can hold a 10%+ drop in a super-favored stock like RIMM, the tide may have finally turned.

Notice what this did so far? Bearish ABCD and down to around the 1.272 area off that. They are really killing this, but this is a potential ending move now. Notice, though, the futures, even the NAZ futures, could care less, and are basically flat. Since RIMM is a 'golden child' this should tank the futures. What does that say?

So, although this sounds like 'after poker', they did with RIMM exactly what I would expect, as they would have before the insane MRRD's showed up in March. So, to me this is a big clue that something may have changed. I'm glad I followed my instinct to not try this yesterday.

RIMM now down about 23% from yesterday's high. That seems almost unfathomable in this market, eh? Where are the dip buyers and rampers and Cramer-followers and Starbucks daytraders and on and on???