Thursday, January 3, 2008

Infrastructure Stocks Really Moving

Haven't seen this type of movement in a while from this group

Shaw Group (SGR) +7.5%
KBR (KBR) +7.0%
Fluor (FLR) +6.0%
Jacobs Engineering (JEC) +6.0%
McDermott (MDR) +5.0%
Foster Wheeler (FWLT) +4.5%
Chicago Bridge & Iron (CBI) +3.5%

Not sure what is driving the group but I am not complaining - might be the last push before a correction? ;)

Long all names except Fluor in fund; long Foster Wheeler in personal account

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