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Old 10-20-2007, 12:32 PM
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All trucking stock is down right now.Freight volumes are down becuase people cannot afford the extras because of the rising cost of fuel.One week it's $2.50 a gallon next it's $3.00. not to mention the housing market is upside down in a lot of key areas. Personally I may buy stock in a trucking company but in about 6 months I think it will hit bottom and hopefully I can buy LOW and sell HIGH a little later..Right now this econemy is in the toilet and contrary to what the ""Bush administration"" says about jobs and such it is not going to get any better until a few things change for the better.Namely the
price of crude..
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