CRM Top is in !

Quote from GhostofLivermor:

I'm not found of calling Tops but this one is too good to pass up.

CRM Short from $117

Has memories of CROX top written all over it.

Uh-huh. I pulled that chart, looks like 1999 all over again. Thinking that's topped is horseshit thinking at best.
 
Quote from wiesman02:

market is currently in an uptrend. Why are u fighting it by going short on a stock thats been in 'power up' mode ?

It's out of gas and it's spent its load.

It's basically dead meat floating in the water right now waiting for sharks.
 
Have you ever counter-trend traded before? You're shorting at a zone where trend followers look to enter long or add to their longs.
 
Quote from GhostofLivermor:

It's out of gas and it's spent its load.

It's basically dead meat floating in the water right now waiting for sharks.

lots of shorts right now thinking the way you are. But with the market continuing to push up, its only going to squeeze the shorts even more.
 
Quote from NoDoji:

Have you ever counter-trend traded before? You're shorting at a zone where trend followers look to enter long or add to their longs.

I've lost more money counter trend trading then most of this room combined lol.

I'm fully aware of the risks.

Those shorts are the smart money this time ;)
 
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