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Chipotle Mexican Grill, Inc. Message Board

  • alexviettran alexviettran Dec 6, 2010 7:20 PM Flag

    tommorow's prediction

    Last week's pullback provided room for uptrend. Evaluation downgrades are always short lived, ie. NFLX/FFIV, CMG is still bullish and low interest rate will push the stock up higher. If positive market tomorrow, expecting 1-2%.

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    • ...or the bearish harami near a double top in the SPX and the market's "sell on the news" mentality related to the Obama tax deal, could have CMG retest Friday's low. Why not? Charts on CMG are still showing bear flag.

      So if the govt is giving a 100% tax deduction for 2011 business purchases, can't you think of at least one better investment leveraged to this news than a $8mil per burrito stand fad stock?

 
CMG
420.97-2.430(-0.57%)Apr 29 4:00 PMEDT