• Joel M
    CRM providing an awesome opportunity to ride it back to 125 from here, again. Wash, rinse, repeat.
    7/27/12
    Reply (4)
    • Bret Kenwell: If it fails to get over $140 it will surely be noticed as a downtrend, making lower lows and lower highs. Only thing is, big Institution $$
      7/27/12
    • Joel M: Big Institution money is dumping IMO, hence why we're getting a gradual slide in price since 160. They use spikes in price to sell more.
      7/27/12
    • Bret Kenwell: Institutional ownership is >90%. Retail traders either A. have to have an iron stomach or B. Get out of the way.
      7/27/12
    • Joel M: The wild card is QE/LTRO next week; CRM is highly correlated in movement with S&P; if easing comes all bets off.
      7/27/12