In a thread on another section of this forum, someone suggested using toilet bowl wax to form the joint between the hull and the transducer.
http://forums.hunter.sailboatowners.com/showthread.php?t=158763
Now for a neat freak like me, that'd be a mess, probably, but it's one way. I like epoxy myself, captured in a ring formed by a paper drinking cup taped to the hull, bottom cut out of course.
However above someone suggested a bag of water, and I am really liking that idea. ( thanks!!!! )That's what I will use to find the good spot in my hull, then I'll epoxy the transducer down, making sure there are no air bubbles in the mix.
Someone also posted that the area behind the keel is a great place to put the transducer, but I think you'll be experimenting a bit to find somewhere that works well.
Richard