Saturday, December 6, 2008
7 1/2% gain friday in fsys from 28.50
to 31.50 MOS was a 10% move. The dow was down 250 and finishes plus 260 we got it before the move up. My account is set up 2hrs behind Eastern standard time. I think its mountain time? I explain this so you know my time of posts correctly. I felt the move would happen during the auto hearings friday morning and it did but not till the afternnon. I have said there is no way we can be the USA and not bailout the auto industry. Monday im holding fsys for aleast the open. You can buy uso or any related oil company because of the oversold conditions. I will post a few others before the open monday.
Posted by John Burke makeitajob at 5:54 PM