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  • n59218 n59218 Oct 1, 2012 9:51 PM Flag

    KEY BREAKDOWN DAY

    Good One. CRM's +ve momentum's fate was sealed when it showed RED after the 2nd MM
    pump on CNBC. Last week, my model flashed a major swoon in the offing! Today's
    lousy action for Salesforce longs, when CRM was RED and DOW was solidly GREEN,
    potentially indicates that some major -ve event is to be expected soon... the
    smoking has started! Shorts got a solid GREEN-signal to pile on more positions!
    Lazy longs will be slaughtered soon! Extreme bubble levels here in CRM!

    Sentiment: Strong Sell

 
CRM
73.30-0.06(-0.08%)Jul 31 4:03 PMEDT