From the Trading Desk

FDP 1-28-02 to 6-18-02

This stock should have been a bigger long than what it was considering how green the chart was. But I was not too excited about some stupid food stock then. So this was not a big position, even though it should have been. Still it was much larger than the longs I am taking now in this market where we simply can’t find stocks that look like this this early in the selloff. In a little under five months, FDP produced a solid 80% gain, compared to the Nasdaq’s near 20% decline. A 100% relative gain to the market.

the buy:

fdp1_28_02__Large_.PNG

the top:

fdp6_18_02__Large_.PNG

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