RIM as mentioned a few days ago may have done a diagonal tri.

rim-jan8

Rim appears to have completed a diagonal, which would suggest a rapid move to about $78.49. This is tentative and should be played with options! Here is what the prototype looks like.

diagonal-from-aerodynamics

and the real thing;

rim-detail-jan8

Clearly the ingredients are there for a 4th wave up to develop to the target. What is troublesome is that it should do so rapidly and so far it is more like slow motion.

DE Jan 8

de-jan8
Click to enlarge

John Deere , good news today re agribizz, chart does not support that. We had this as an outright sell from $76 on. Even if the count is not entirely clear along the way the action from the recent low is very clear. An a-b-c counter trend up, no different than Cat. In the minor c wave the 4th is clearly a triangle. We should go first to that level and than to new lows. Click on chart to enlarge.

WMT Jan 8

wmtjan8
Click to enlarge

Here is Walmart again. We looked at this a few months ago and then it looked like a wave 1 down was complete and a wave 2 was in progress. 2 in fact went just slightly above the 62 % retracement level ( a few days ago). Now wave 3  (or C ) should start with a minimum target of $41. Minor one and 2 may also be complete. By the way , the chart gets bigger if you click on it.

TSE Jan 7

tse-jan7

    This could well be the end of wave c of the triangle  (a-b-c-d-e) leaving the d and e still to go. Alternatively it is a minor wave 4 of c in an a-a-c counter trend. Eitherway no action should be taken at this point as it is wiser to see if the d and e will actually materialize over next few days.