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SSS - Short-Sale Set-Ups Beginning to Emerge - CRM, VMW, FFIV, LVS

Published : March 2 2011 at 11:03 ET

We are noticing some potential late-stage failed-base (LSFB) short-sale set-ups in stocks like VMW, CRM, and LVS, for example, while we see FFIV as potentially in a head and shoulders (H&S) topping formation. If we were to short these here we would use 5% stops. We will continue monitoring these as the market rallies with the NASDAQ staging what is a logical bounce off of its 50-day moving average. The situation is fluid here, so stay tuned.

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