Tuesday, November 03, 2009

Excitement on the Tracks!

No doubt you have heard the news about Berkshire buying BNI.

I created a PDF of the rails if you wish to view them here.

Already this a.m. the rails are getting a lift, and that will squeeze shorts. Here's a list of the stocks in that industry sorted by short % of o/s shares.

Finally..... here's a list of the components of the DJ Transportation Index



2 comments:

Glenn_in_MA said...

This was one of those days for which Richard Russell would say, "a lot of ammo used up for little gain." Indicative of bears gaining control I believe.

Leisa said...

Or indecision among the bulls, bears and recalcitrants!

I think that the market is lying in wait for the FOMC stuff.