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
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.
ReplyDeleteOr indecision among the bulls, bears and recalcitrants!
ReplyDeleteI think that the market is lying in wait for the FOMC stuff.