$ServiceNow (NOW.US)$ history does repeat itself December 1...

December 13th which seems a lifetime ago yet it was just one week, I said that service now was trading too far above its 20-day moving average and 100% of the time that it had reached a point above its 20-day to the extent that it was it always corrected. I said I didn't know what the catalyst would be but it would come down to its 20 day and might go through it.

yesterday was that catalyst so if you believe  what Dan Ives is saying.. that it's 10:00 pm and the party goes to 4:00 a.m. and if you believe that service now will continue to be a major benefactor then you must step up to the plate and nibble and buy stock .

do not trade it put it away. listen to the conference calls listen to the analyst questions and then you can listen to the price targets being raised over the next several days.