CROX Up 13% Today At Open

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May 5, 2006

I was going to mention that CROX looked like the guarantee short of the day, but it had already dropped 5% to 8% really fast. So I didn’t. I’ve stepped away from the computer and now see the DOW up about 20 pts more, the NDX a little lower, and CROX down to 3% positive. That was a guaranteed trade. The 5d RSI and the 15d RSI are so overbought that shorting is a solid move. Besides that CROX has run up big into earnings. Wait for this one to come down and looks to be a nice long trade for this year.


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