FedEx (FDX) Message Board

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Non-Tech : FedEx (FDX)

FDX 268.68

+0.4%

3:59 PM EST

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To: Ross Roberts who wrote (73)	5/6/1998 7:13:00 PM
From: Ali Shahbaz	of 524

I wouldn't sale now. Does FDX have anything going short term? Not that I know. Is it a long term buy? I think so. I would not sale FDX because FDX and all transportation stocks are down about %10. They are at the end of their correction (I hope). They are down because Oil prices are up this should be short lived. However FDX chart looks very bad since we are now below 200 day Avg. line. If the stock goes below $58 I would double my position.

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