Mosaic (MOS) - 10-17-2008

October 17, 2008 · Filed Under Bullish, Value · Comment 

MOS Weekly Chart

This is another one where I’m looking at a group of stocks and not just MOS.  Include AGU, POT, TRA, and any of the other hot agricultural stocks from the past year here too.  After starting out good in 2006, then bumping up the slope in 2007, and then just exploding into 2008, these stocks have all gotten beaten back down to the ground over the past month.  Maybe the drop will continue and you’ll be able to get in to this one at 20 again.  Or maybe it’s already too cheap so it will consolidate here.  Either way, this is definitely a sector to watch closely over the next year.