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Deckers Outdoor Corp. Message Board

  • livermore1929 livermore1929 Jan 4, 2012 2:49 PM Flag

    Took my profits and bought HXM @17.53

    South American housing, climbing the right side of the base, probably a longer hold, the base started at 26.

    It kind of a move from the extension of the trade like an O'Niel diciple book, by not waiting until it gets to the right side of a "proper base"

    Plus it was oversold, plus it housing seems to be coming back.

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    • Yep I know HMX. Interesting pick. What do you think of CX? Mexico's largest cement play.

      • 1 Reply to jaquecroissant
      • CX, I remember some years back when I believed in listening to experts and buying and holding that some stock rag, Forbes I think, said it was a great buy, and to hold it for a year, thankfully I never did, it went to 9 or so.

        The price action on CX seems good enough to me, but as with all trades, things can change quickly, although the rend would certainly be in your favor at the moment.

        I wouls always rather buy late and sell early on such a trade.

        APL lookd interesting from an O'Niel perspective.

        I just started reading Pit Bull, lessons of a wall street champion day trader, very much like reminicences of a stock operator thus far.

        I just saw BMA cross the tape up 10%, just looked em up, 4X the normal volume, after what looks like a real long slide, I'll have to look further.

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