Monday, August 24, 2009

update

Strong day, however, my gut tells me not to buy.

As mentioned months ago when s&p was at 800, I said 1050 by labor and damn if we might hit it on the day.

On other news, analysts are getting very bullish on consumer finance firms like AXP and COF. I am reading the upgrade now and all I can think is "where were yall a month ago"

Lastly, its time for a bold prediction. I feel that refiners are about to explode to the upside and will be buying more in size. Yea its a gamble, and yes oil is very high, but I bet with my gut and my gut is telling me to get long.


With that said, I might be back in FTK by Friday :D

1 comment:

  1. omg FTK....I still own 800 shares of that dog$hit stock from 2.40

    ReplyDelete