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Deckers Outdoor Corp. Message Board

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  • jimsmith201060 jimsmith201060 Sep 13, 2012 12:19 PM Flag

    Had to catch this falling knife

    One thing I learned in order to make money, never double down on losing trades and be patient. Your opportunities always come. Don't try to rush and go against the market. You always lose. I probably close my short near $40 if this one doesn't hit $45 first where my stop is. As always, happy trading.

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    • Plan on adding if this goes to 40 - and hope it does.

      Last month if you kept buying from 44 - 40 and then sold at 51+ you would have been a pretty happy person.

      Time will tell but I just do not see this taking out the 39.90 level. Could even create a triple bottom..... if it gets there.

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