GMOTruths

ADBE — High end of today's range

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NASDAQ:ADBE   Adobe Inc.
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Price at the highest so far today.

I think a downtrend has been established for ADBE and I think it ain't going up much more today. I'm shorting ADBE like I'm shorting NFLX — short it on the bounces, cover after it goes down. A mirror of the classic "buy the dips" strategy.

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