Monday, December 04, 2006

Green is good (trading)

What a nice close today to see SNDK and CROX both in the green. Perhaps Mom was right about playing nice with others (see Momma said… & pound of sorry entries for the beginning of that story).

Volume wasn’t that terrific for CROX today, but still an up day is an up day. I think, for the record, that with the large amounts that institutions hold and all the shares that are shorted we will not see much of anything in either direction until some kind of sales numbers are reported. Or at least leaked.

Nobody really knows which way this is going to go yet. We are all just trying to guess right. I am still holding long thinking positive things about positive numbers. Just guessing again, I think the deal with the University Crocs will far out strip the Disney deal at least in the U.S. Overseas I give the edge to the Disney Crocs.

A reminder to cast your vote in the poll (Hang On)

That’s it for today. Here’s to seeing another up day tomorrow. Until then keep your eye on your EveryDay Money.

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