Friday, February 23, 2007

A bullish case


This is the weekly chart of FDX, which is at all time high. It is hard to believe our economy sucks while Fedex is trying to break out. I know I may sound contradicted, but the market is deemed to make us confused. Anyway, I think we will see a quick rally soon, now we are just waiting for a event to ignite it. What event? I don't know. So let's wait to see.

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