CROX - Crocs Inc. Message Board

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Non-Tech : CROX - Crocs Inc.

CROX 81.25

-0.6%

Nov 3 3:59 PM EST

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To: dbart who wrote (24)	3/13/2008 5:35:55 PM
From: Torah Wolfe	Read Replies (2) of 57

Thanks for the info. You say the bottom is in. I have another story, though I think it is near bottom, but hasn't turned yet. It seems that socks need to retest their bottom before making the turn. I have noticed that a lot of times a stock in a downtrend will finally boucne, rise for a few days to a couple weeks, turn down agian to retest the low, then it's off to the races. My charting tells me the low is $18. First resistance is 22.24. Then the next stop will be 34.75. The Reward to Risk ratio is good, IMO, 2.88 to the downside, 13.87 to the upside. thats a 4.81/1 R/R ratio. I think they are good at 3/1.

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