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Thread: Deck

  1. #1
    Join Date
    Dec 2004
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    524

    Default Deck

    120 or 70 ...any opinions????

  2. #2
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    Quote Originally Posted by ninner View Post
    120 or 70 ...any opinions????

    I don't know...But it did break into next week's IIC 100 at # 98 fwiw...Doug
    "Trade What Is Happening...Not What You Think Is Gonna Happen"

    Find Tomorrow's Winners At SharpTraders.com

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  3. #3
    Join Date
    Apr 2004
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    Quote Originally Posted by ninner View Post
    120 or 70 ...any opinions????
    This is an old MM winner. I think it was around $40 in those days . . . and he ain't the only one that likes it: the PnF likes it to $157.

    Now let's be realistic:
    It is still in a downtrend. It is making lower highs, and lower lows. Don't miss that fact. Check out the weekly chart: those big volume weeks are not propelling DECK to new highs; they only slow DECK's decent.

    You watch that $90 marker. That fails, and $70 is back in vogue fairly quickly. It got cracked last week, and people bought support with the 949 pt Dow day. Everything bounced then. But I am not ready to buy DECK here. If $90 fails, that's a triple bottom breakdown, and pain follows any break.

    My forecast: $90 fails, and $40 comes back in style in the next six months.

    Really.

  4. #4
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    thanks NB u and I are on the same page....i bought some DEC 90 puts on it a couple of weeks ago. Nice to see you arent the only one that thinks this is a giant bear market....I also think it will last a few years but at the end of it there will be some good money made and even know there is money to be made it the trend is played....all the best.


    Travis

  5. #5
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    Quote Originally Posted by ninner View Post
    thanks NB u and I are on the same page....i bought some DEC 90 puts on it a couple of weeks ago. Nice to see you arent the only one that thinks this is a giant bear market....I also think it will last a few years but at the end of it there will be some good money made and even know there is money to be made it the trend is played....all the best.


    Travis
    My grandma, what big bear teeth you have. lol

  6. #6
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    Dec 2004
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    unless DECK can close above 83 tomorrow.....its heading for the 45 area in my opinion....im up a nice 30% on my Dec 90 puts!!!

  7. #7
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    Quote Originally Posted by ninner View Post
    unless DECK can close above 83 tomorrow.....its heading for the 45 area in my opinion....im up a nice 30% on my Dec 90 puts!!!
    You are going to get it all! Congrats!

  8. #8
    Join Date
    Jul 2005
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    3,968

    Talking NB What Does Kramer Say?

    Quote Originally Posted by New-born baby View Post
    You are going to get it all! Congrats!
    NB if Kramer likes it .,.........then SHORT IT LOL

  9. #9
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    Quote Originally Posted by Peter Hansen View Post
    NB if Kramer likes it .,.........then SHORT IT LOL
    Truer words were never spoken . . . .

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