Thursday, December 11, 2008

FedEx redux

Sometimes there is a lag in success, unlike the 100 yard dash. FedEx from a technical perspective shows a great amount of fear, but from a fundamental perspective a great entry point to a wonderful franchise. Usually, that adds up to a winning formula.

With Oil and Gold up in overnight trading, FDX may not get the attention today, but is a great time to accumulate.

30% stop on this one due to its wild range.

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