Sunday, November 18, 2012 12:03:31 AM
Yesterdays support is todays resistance. Look how RAX bounced up off the 20MA, and now it is bouncing down. Think we see that again. Good for PUTS at about the $63 level. Cloud stuff is slowly losing the high flying excitement like before. See CRM. If CRM posts crappy numbers (And they are ALWAYS crappy) RAX should move down faster.
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