It is the battle of the tech titans as both RIMM and APPL battle for the smartphone market share. Although Research In Motion is a well established tech giant as the creator of the BlackBerry, they may have hit a wall with Apple, Inc.’s launch of the phenomenally popular iPhone.

This tech battle may create a way to trade these markets with a lower risk. During this latest rally, RIMM did not perform well, nor were the changes in price as exuberant as the shares for AAPL.

I am looking for the general market to show weakness through the next week… with that said, I expect to see RIMM slide faster than AAPL. It may be conservative trading strategy to buy Apple and short Research In Motion. Take an equal amount of money for each market and buy a corresponding number of shares to balance the positions and decrease risk.

This is what I call “pair trading.” You’re looking for the percentage change in the market between RIMM and APPL to move in Apple’s favor no matter which direction APPL or RIMM head.

Watch this short video outlining this stratgy fron Adam Hewison of Market Club.

Blackberry and Apple pie, mmmmm!!