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VMware, Inc. Message Board

  • fried_yoda_tastes_like_chicken fried_yoda_tastes_like_chicken Jun 5, 2013 4:34 PM Flag

    VMW was a BUY in Dec 2010 at $43 and then sell Jan 2013 at $75 based on monthly charts

    That is based on moving average crossovers on a 'monthly' basis so these are quite long waves. Based on that, from the upward crossover around December 2010, the top occurred 26 months later around March 2012 at about $118. RAX also looks like hell. I think what we have witnessed is a 'cloud burst'. All these companies are toast.

 
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94.14-2.20(-2.28%)Sep 19 4:04 PMEDT

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