ADBE

Bought some $105 puts.

I think they meet and beat.... But the stock will go down. Pretty easy call really.

 

Of course doing some TA on the chart says up they go...

me.... I think they're priced for perfection. If CRM can drop.. ADBE should too.

 

.... at least nobody kicked sand in my face.
Ouch.
The good news is... my TA worked.

 

Adobe Systems's outperform rating reiterated at RBC Capital Markets. $116.00 PT

 

Ditto my kmx post.
Its an unlevel playing field.....

I guess one can whine and bitch, but it is what it is.

Trying to game the gamers sucks. I knew ADBE should go up.....but I played it short.

Whatever.

 

No follow thru.Cramer, great guy, but when he beats the drum, time to take profits

 

Adobe buys Magento for $1.68 billion to target e-commerce

Adobe has agreed to buy e-commerce company Magento for $1.68 billion, in a bid to capture a bigger slice of the digital-commerce industry from Salesforce and Oracle. (Ad Age)

 

Adobe has been on a roll. The chart seems to be going parabolic. Guess $250 will be crossed very soon.