I love their product, but I wouldn't buy their stock.

I love their shoes, but I wouldn’t buy their stock.

I own 11 pairs of these very comfortable shoes and wouldn’t think of buying their stock even with today's sharp drop.

We have been negative on Crocs (CROX) since November 2, 2007 when our "Trade Triangle" technology signaled a change in trend at 44.10. The downward trend for this stock in the past six months has been relentless.


Never thought I would be modeling my latest size 11 crocs on this blog

This from AP - April 15, 2008:

NEW YORK (AP) -- Shares of shoe makers sank Tuesday, after Crocs Inc. announced guidance cuts that one analyst termed "stunning," amid lower-than-expected demand.

Crocs reduced its first-quarter outlook far below analyst expectations late Monday, citing weak sales and costs related to closing a Canadian manufacturing plant.
__________________________________________________________

It looks like there's going to be continued erosion in this market. So how did we do trading Crocs? Well, we have basically had two major signals in this stock.
The first signal was way back in ’06 when a major "Trade Triangle" signaled for a positive trend for Crocs starting at 16.25 on 5/31/06. From that point on, this stock moved steadily higher and reached a high of $75.21 on 10/31/07. Since that time this market has been in a melting ice cube mode as it steadily melted down even though everybody seems to be wearing their shoes.

One of the great things about MarketClub’s "Trade Triangle" technology is how it keeps you out of stocks when the market is headed south. Most investors tend to trade from the long side of the market, so their greatest risk and their Achilles heel has got to be when a stock they're holding turns down. Normally when this happens the fundamentals still look very strong. However, when you use our "Trade Triangle" technology you don’t have to guess at the trend anymore. You are going to see on your computer screen MarketClub’s "Trade Triangles" dynamically signal when you should exit from a market that has decisively turned south.

Take a few minutes and watch our new video on Crocs (CROX) and see exactly how you would have fared using MarketClub’s "Trade Triangle" technology.


Adam Hewison
Co-founder of MarketClub