Zoomie was on the short side of Salesforce.com Inc (NYSE: CRM). The trade looked good to me, and I know from correspondence that other traders took this trade today. I’ll add, as well, that the daily chart even made it look like a pretty good swing short (except that the drop through support was pretty abrupt).
Nevertheless, CRM rebounded enough later in the day to take Zoomie out for a small loss. His comments are on the chart, as always.
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| Stock | Links |
| CRM |  |  |  |
December 19th, 2006 at 1:43 pm
Saw ESCL, didn’t take it. Wrote it off way early this morning…