My father-in-law said "stay away from consumer discretionary" when I told him I was going to buy FLT after seeing it drop from the $30 range.
I bought my first bundle of FLT on the 23/12/08 for $7.21 and then averaged down buying more at $6.12, $4.79, $4.31 and a final parcel at $3.81 on the 05/03/09. A few days later it closed at $3.43 and I thought to myself you idiot why didn't you listen but look where it is today.
I bought into JET during the middle of last year looking for another FLT. I knew it was a slow mover but it has gone nowhere.
JET Price at posting:
40.0¢ Sentiment: LT Buy Disclosure: Held