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Mazen Abdallah  

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  • Salesforce.com's Earnings Week: A Tell-Tale Sign [View article]
    The positive/negative trading day is not limited to CRM's difference between open and close. Regardless, the point I was trying to drive home (and I apologize if I was not clear) was that the high on the second day was always followed by a much lower low on Friday. On the flip side, the low on the second day was always followed by a much higher high on Friday. More importantly, the highest high and the lowest low always occurred on that second day. The fact that this occurred the past 5 quarters is pertinent (I have not checked the quarters before). Timing is critical for options buyers and trending information is important. I agree with you about why fundamentally CRM headed south post earnings. But to fully capitalize on that decline, you had to secure your position in advance. If you were bearish heading into earnings the past couple of quarters, you got the best bargain on your puts on the second day.
    Nov 25, 2011. 12:04 AM | 1 Like Like |Link to Comment
  • Salesforce.com's Earnings Week: A Tell-Tale Sign [View article]
    Agreed, especially with respect to the disproportionate move. That typically occurs with the high flying "growth" stocks.
    Nov 24, 2011. 11:54 PM | 1 Like Like |Link to Comment
  • Economy Has You Down? Buy Apple [View article]
    If you really think apple is going to 330, you're living on another planet. The low today was close to its 200-day moving average. Once it hits 360 or thereabouts, it will pop back up.
    Nov 21, 2011. 03:48 PM | 1 Like Like |Link to Comment
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