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Still Bullish on Salesforce.com

Yes I did more research on the Insider selling... CEO been selling right from the beginning... same rate 10K a day regardless of price.

Short term technical bounce will probably turn out right. The stock almost ALWAYS bounces back sharply after a strong down day.

However, I did find it interesting that on Friday... despite a strong market day, with CRM dropping 20 points the previous few days, and an analyst's upgrade.... they only managed to rise a bit less than 3 points. The last 1/2 point was most likely due to before weekend short covering.

Cramer is a contrarian indicator. He thought AAPL was a strong buy at 200... when it dropped down to 125 he said it was a "broken stock" and you know where AAPL is now... :|

Charts are very bearish, company growth slowing, Stock is clearly overvalued fundamentally, yet the analysts are holding firm to their assessments of the company.

As bad as this stock seems to me... I am sure we will see a nice run up from these levels. Trading isnt always logical!