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  • jkanalysis jkanalysis Jun 4, 2012 5:09 PM Flag

    DOWN 13% in 6 days- and a $130 stock can't bounce at 200day

    That's NOT what a bottom looks like. Meanwhile , the major indices are STILL selling off "NICE and ORDERLY". This just SCREAMS of lower prices to come. I reentered today with July 140 puts. Goal $107-113. And that's just the next modest, boring, technical goal.

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    • you entered WAY too early !
      Its got power to POP towards $140 this week.
      Watch FFIV/VMW for cue.
      Buy RVBD @15.30 for Cloud-Hype

      • 1 Reply to wenderbe
      • "It's got the power to pop TOWARDS $140 this week"

        Well, when you're right, you're right. Though, you're right in the past tense. Crm moved from $126.32 to $131.40. That's over a 3% move "towards" $140. Had the Dow bounced 400 points today, it would have made headlines. And it would have been a little over a 3% move up also. Hang in there, Wende. In a few months you may be able to state "Crm made a 10% move up towards $140". Though that may very well be a move from $65 to $72.

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