War is the new black?

So as i write this, Russia has some how managed to organize and execute a massive military movement that has largely gone completely unnoticed by our intelligence community (thanks homeland security and the NSA), meanwhile our president managed to squeeze in a press conference between volleyball practices to address mainly the murder of Americans in china and by the way the war that has begun in Eastern Europe. Watching the president talk he spoke of the aggression of Russia in the same manner as he did when he spoke about the weapons of mass destruction back when he started the war in Iraq and later spread violence to Afghanistan.

Once again we have people talking into microphones and having no idea the recourse of their words. As the president speaks and talks about Russia with his casual swagger as is he is referring to some third world oil sultan, in fact what he is doing is completely insulting the proud Russian nation whose exports are primarily oil and natural gas. Slippery slope President Bush, slippery slope. So once i saw all this i went online and headed to the World Russia website and low and behold one of Russia's biggest news outlets has the president's comments posted for all of mother Russia to see cleanly edited together and translated. Say hello to my little friend, the COLD WAR.

Meanwhile we have more Americans being murdered in China and Germany making deals with Russia to make use of the Georgian pipeline they will soon control. And can i add the judging discrepancies in the women's gymnastics events? It seems that American sentiment is about as high as our president's approval ratings.

So what to do?
First move to Costa Rica. My wife and I have long dreamed of buying a small hotel down there on the beach and teaching surf lessons for the rest of our days. Ahh Costa Rica....OK I'm back from my little daydream. Well since the US has all ready over extended itself in the Middle East and therefore can't do anything about Russia marching across eastern Europe through the Ukraine and onto the former Chzeck republic our answer is NATO sanctions. But this isn't Cuba and we are not boycotting sugar, we will be natural gas and oil.

So after reading that guess what my trade is. Although it may be too soon to back up the truck and start loading up on OIL (OIL) today I started to open a position. Besides oil is at a three months low so we may be able to get a small pop and take some profits as the rest herd out there in the world tries to make the same trade.

Our other trades still remain the same, I'm keeping my eye on Gold. The technical charts on Gold (GLD) are starting to look ripe to open a position and get in a quick trade but also start building a position for the next two years. $1200 gold in my view is not unreasonable in the next two years as the economy feels the effects of commodities stabilization.

Next Wells Fargo (WFC) I have been picking up of down days and unloading as volatility allows. In my opinion Wells Fargo is the only bank worth owning and therefore would be willing to execute short term trades.

Lastly I opened a position in Eagle Bulk Shippers (EGLE) last week and got a nice surprise on the quarterly report, but still i will add to this position as it pulls back in the coming weeks. This is the only individual stock I am accumulating right now in my long account. Take a listen to their conference call and you will see why.

Any way that is all for now. To every one out there have a great weekend,
T

For the love of baby Jesus read this!

OK that may be a little over dramatic for this blog title, but I'm trying to convey the importance of what I'm about to share with everyone.

So as some of you may know the market for the last few weeks has been on a tear. The DOW has trended upwards almost above it resistance and seems to be die hard set on breaking that 11,900 level, but as i write this i can see the flow of money pulling back and as a result of this the Dow will most likely stay perched comfortable at its 11,700 level. Also in not so breaking news OIL and Commodities have fallen adding to the recent rise in stock prices. Adding to the fan fair the Dollar has bounced off the ropes and shown some signs of strength.

So what does this mean?
It means stay very causiuos. Remember most money managers are sheep, but in this case they are acting more like lemmings and the boys club that is Wall Street, it seems to me that most of these guys have trouble with original thought and it is them who are driving stock prices up.

OK I'm done venting and let me get to my point.
Let me begin with this, like all things the market and our investing environment are always changing and this day is no exception.
If you look below to my first posts when the market was down at 11,000 and i was writing to you to get into Well Fargo (WFC). Or look below when i told you to buy what ever or sell options and if you were on my side of these trades you would be up 22% on the year. Not so bad for the worst market since the Great Depression. Of course i write that jokingly.

But before when i told you to pull these short term trades the US economy was growing slowly and the only thing driving stock prices was the doomsday reports i saw on the news. But now as I look at the economic data i see, in my opinion, the real beginning of a true bear market. Unemployment is growing along with jobless claims, which is going to start being reflected in Real GDP growth. I also see US exports growing which tells me we our losing our own products to foreign bids. This in my opinion is wealth leaving our homes and going across the oceans to improve other people quality of life. We also have a Fed that has over played its hand and has no option now but to do nothing and watch all of this unfold due to inflationary constraints. Oil and commodities are down due to the lack of global demand signaling the world is starting to curb its spending habits. All of this in the long run will kill cooperate profits and only allow for single digit returns on most market investments.

So where is the trade?
First is first, decide your level of tolerance to risk. If you are over 50 let me decide that for you...you have no tolerance to risk. The purpose of life to to relax and enjoy. So nothing is worth the risk of taking that away from you. If you are closer to 35 your risk level is at your own discretion, but still there is never a need to be reckless in the market.
Next get into Cash, just shy of 40% should do. If you have been in the market for the past couple of weeks take those gains of the recent run up and trim those positions and with that money buy into some sort of BBB rated notes and lock in some gains. If you have access to convertible cooperate bonds the better. A good medium risk debt trading just below par will allow for growth of your portfolio and limit your ability to jump in on an impulse when things look misleadingly good. Most people treat bonds as this thing they only talk about in their 401K but call your broker and get educated and learn to trade them, they can be a great addition to your portfolio and most of them return more than you think.

Next look for growth, find companies that are growing their business in this very uncertain time. For example I like two, ABB Ltd (ABB) they are build transformers and and will be their to profit from the aging and expanding power grid. The next is Eagle Transport (EGLE) they ship dry bulk goods such as coal and steel. They are planning on growing their business by 300% in the next 5 years. Imagine the returns of investment and EBITDA once they acquire the new business when those ships get built. As Chindia expands it will be their boats that take all our resources away. Take a gander at these two and you'll notice two very confident and well run companies that are not hiding from the world economic environment.

Take Care All,
T

Crap!!! and more Crap!!!Socialism, Inflation, and more self-doubt than a trechy at prom.

Once again hello all out there, Tony here and I must be completely honest right now. I'm a tiny bit disappointed in myself at the moment and am drowning my sorrows in a Coors Light.

As most of you might know Disney (DIS) reported yesterday and the had a great quarter. This is the reason for my personal frustration. I have to admit ladies and gents that I didn't take my own advice and missed out on about 4 points of the stock's upside. Most importantly, i missed out on a solid trade. Why? well i have to admit i went against my better judgement and for a second i listened to all those bears and got spooked out of my trade in DIS. Turning on the TV the only thing i heard back in JULY was the rise in gas price. The rise in gas. the world is coming to an end and the only thing left will be cockroaches and high gas prices.

Financial media sounds to me more like evangelical Christians. "REPENT THE END IS NEAR, YOUR LIFE OF GLUTTONY IN THE FORM OF THE CDO OR MOBS WILL BE ARMAGEDDON!!!!" they paint oil companies like demons who hoard oil and short sellers the horseman of the Apocalypse.

And like i said for about a week in July i bought into the hype and broke 2 of my cardinal rules of investing.
The first being, i turned on the TV and listened to some guy on the screen. If at all possible never do this, it will be your down fall. Sure there are some guys out there in financial media land that i really like, but none of them have there own shows and the ones that do, save their good info for their email newsletters. So, the scare tactics worked on me and i convinced myself that high gas prices would severely hurt Disney's theme park attendance...and i was wrong. The lesson is: People will always take a vacation, but in this climate they will drive not fly to their destination. So the trade is wait for gas to come back to 120$ a barrel and by the OIL ETFs or Rio Tinto or something that backs off when gas gets low, because the drop in prices is always temporary. Let's face it, we are running out oil. and the Olympics is the wild card to place a strain on supply. No one talk about the Olympics and what effect it will have on the world economy.

My second mistake was that i did not treat my i investment like its own investment. Meaning, when i looked at Disney i lumped it together with a horrible trade i made last year into Six Flags another theme park. Again i listened to the old TV and bought Six Flags on a recommendation and lost almost 30% immediately. I hate loosing money. So i was admittedly gun shy of putting my money into another theme park. The lesson: as investors you have to look at every company as a different animal. no matter how close it looks on paper to another company. In the case of Disney I saw only a theme park not a major licensing money making well run machine. Think about it, Jonas Brother, Miley Cyruss, High School Musical, all these franchises are money makers, but since i lumped Disney into the same bag as Six Flags i missed out on the big picture.

When your putting your money into a company the first thing you want to grasp is the big picture. Start with the macro then move slowly into the micro.

So this week ladies a gents as you watch the market apply the most basic rules of this investing environment.
When oil goes down, the market goes up.
When oil goes up, the market goes down.
When inflation spikes, so does gold.

as you watch these unfold start thinking aboujt potential trades and you will notice great success.

So as the Government meddles with financials and grows the deficit inflation will spike, so guess what to do. look at the simple rules above and make your trade. Gold GOld GOldGOld GOld GOld precious metals GOLD GOLD GOLD GOLD. GOLD Bars GOlD commodity contracts, gold ETFs I don't care but inflation is a killer of corperate profits especially those huge DOW weighted conglomerates that need to convert back into the dollar before putting revenue on the books. They will struggle and miss estimates then drop in price. So shy away from them. Sorry Ken Fisher but your wrong my friend.

any way take care all hugs and give a shout out to Rampage Jackson when you can.
cheers
Tony

So much drama and so many microphones!!!

Holy moly ladies and gents, we have been on a pretty good run the past few days despite the efforts of those in the spotlight. What do I mean? well, glad you asked.

I think someone needs to remind all those who hold elected and appointed positions in the government that a microphones does allot more than convert your voice to electricity so that their words may be broadcast to all of us down in the real world.

Again what do i mean? well, glad you asked.
First we have old Ben Bernake telling us banks are great and not to worry the economy is slow growing but is still growing. Then thirty minutes later you have Bush telling us that the markets are "Basically" sound. What does that mean? I asked everyone, but no one seemed to know. Well I found out what it meant, the word "basically" means... a drop to a two year low in the Dow. So I am sponsoring legislation to ban the word "basically" from the English language. So vote for it, my retirement account thanks you for your support.

OK I'm not really leading a vendetta against the word "basically" but maybe I should. just kidding.

well what to do now? Well, as always with my usually disclaimer, it is up to you. For me and my accounts we took bold action on the dip and bought the only bank i feel comfortable with Well Fargo (WFC) and sold it three days later for a profit of 25%. So now that i have made my gaol this year, I'm taking the rest of the year off. OK maybe not but it is a thought.

Let me step back a moment, I'm not one to brag about how great of an investor I am, but I mention this trade for several reason.

1) don't be afraid to be a contrarian investor. Like i always say, just because they are on TV does not mean they are smarter than you. So if the door of opportunity opens take it! BE LIKE A LION and roar your way to profits.

2)i know i said i hate banks right now, but DOW at 10,900 sets up a different playing field. All things are dynamic, so be open to change. Beside Wells Fargo is a great business that pays a descent dividend. So if i was forced to hold it for a while at least i would have gotten paid to sit on it.

3) In times of uncertainty and overall bearish sentiment, shorten your investment horizons. (I think I have said that before). In the case of my Well Fargo trade, I was willing to risk buying a company in a extremely bearish sector but only to hold for a few day.

I hope that helps explain my logic.
So what is the next trade, well we will have to see how the next few days pans out. Hopefully Oil will continue to retreat causing the markets to rise, then i most likely will get in and out of XME the mineral ETF . i might even be persuaded to sell some close to the money covered calls.
Any way keep an eye out for those retreating minerals but this is not a good time to trade oil stocks. Their are simply too many eyes on oil and that leads to too much volatility for my blood.

take care all and check out the video clip below. it almost make me sick.
http://www.youtube.com/watch?v=adYbFQFXG0U

Dow falling the 11,000. Is this the end?

First, I guess I should apologize to all those out there in cyber-land for not responding to all of your questions last week, if you have been reading my blog for a while you know that I have been telling everyone I know that it is my opinion that the market was going to have another major dip, so as a result I decided to step away from the old chess board for a moment to get some distance from the market and my portfolio. In the army we would call this a "Tactical Pause" and it is a great opportunity to take a moment and gain a new perspective and avoid "tunnel vision syndrome".

So here we are, the DOW slipping below the 11,000 and for some people out there that means all the gains they have amassed for the last two years have are gone. That is pretty crappy. That is all is can say about it.

So what about the week ahead, well ladies and gents out there I wish i could tell you. The past week was a tough week to gauge filled with contradicting indicators. The Volatility Index (which i use to gauge the number of bears out there) although high was not to a level to cause a new low. The Advance/Decline numbers seemed flat to me. And at the beginning of the week we had another round of headlines talking about more credit issues and write downs that the market almost completely ignored but put the news back into the price on the close of the week.

So what now, well i could tell you in my gut that the market is going to have a strong Monday as Institutional investor jump in and lower their cost basis and open new positions then later in the week test new lows as people profit take from the bounce, but that is simply my gut feeling I have no, in my opinion, real data to support this. The matrix I have developed tells me a flat week ahead, but it does not take into account the emotions of investors.

So again what do you do? although your plan of action is really based on your personality and what has worked for you in the past, unless you have you survived the tech bubble of 1998 and have decades of investing experience, in which case i doubt you would not read my blog, you are in uncharted waters which when it comes to money is a bad place to be. Uncertainty in the market leads to volatility, which leads to more volatility. So in my portfolio uncertainty leads to CASH, CASH, and more CASH. You can make allot of money on weeks the market performs like a roller coaster, but only if you have cash to make your moves.

So never be all in and never be all out of the market. Find the mix of long and cash positions that work for you. The more uncertain you are the more cash should make up you portfolio and the shorter your investing horizons should be. In times like these, it is my opinion that you worry about not losing your nest egg rather than missing some golden opportunity. Trust me you'll sleep better at night. Remember there are a over 4000 opportunities a second in the market, you just have to find them. So get get CNBC or MSNBC tunnel vision. Take care all of you,
T

If I can make it here, I can make it anywhere, it's up to you...

Look at the Yahoo Finance main page, and you'll see the headline. it reads "Stocks Rise as Employment Report Comes In As Expected". Stocks rise? The Dow is sitting at 11,200. The market was hovering at 11,800 last week. Stocks rise? Not to mention that the market was flirting with 14,000 no more than a year ago. Looking at my long portfolio it sure does not seem that stocks are rising, in fact I'm not sure but basic arithmetic tells me that stocks are falling.

Let's face it, if you were in the market when the Dow hit 14,000 seeing the market at 11,200 does not feel very much like the market is up. You, like most, are feeling the pain of this little correction, but a great lesson can be learned from this hole fiasco.

What is the lesson, you ask?
Well, first and foremost we have the market. Look at the market itself and its current level. Although i don't watch any financial television, the last time i did Qualcom was getting ready to break a $1000 a share and the media applauded the ride, then the tech bubble burst and i found half of my net worth gone. So as a result i watched more financial television thinking there i had missed some great piece of information. So I became a fanatic i got another television so i could watch both Bloomberg and CNBC but still my stocks went down. Meanwhile these supposed financial journalist stood scratching their heads still telling me that the market was going to recover, and it did. Four years later.

The lesson..just because a guy on talks stocks on T.V. does not mean that he is smarter than you. So, take what they say with a grain of salt. More often they are just repeating what someone else told them or what some corporate sponsor told them to say. Don't underestimate your abilities to pick your own winners.

Lesson 2, don't try to time the markets. It is impossible. yeah you can gather enough information to get a pretty good idea of where the market is going in the near term (just look at my posts below, I'm pretty good at it) the only information this gives you is how much cash to hold in your reserve because we always by on dips to lower our cost basis. But remember we never go to a point where we have no cash in reserve. Don't get greedy.

Lesson 3, Find the strength. Find momentum. Find were the smart money is going. Use MACD's, bolinger bands, 13-d's, use barrons, investors business daily, use your uncle's know it all attitude toward everything to hunt out your next move. But remember take what every one says with a grain of salt. Gather and interpret then move. But before you move decide how long you will hold this investment, and how much you plan to make. Then stick to your plan. If it is not working out, sell. sell. sell. In this market it is wiser to sell than to hold because we all know the market is going to go down further.

well that is all for now, go get drunk this weekend and eat your face off, and chill with the family.
cheers to all.
t

ouchity ouch! Dow 11,350 and the saga continues.....

I wish I felt I had some good news to deliver, but my friends I don't. I'm not much for considering myself a market timer but I can spot a trend when one slaps me across my perfectly chiseled face. Just kidding.

With oil boldly testing new highs and financial media still harping on the credit crunches, and the fed doing nothing but losing more hair, there really aren't too many places the market can go, but down. So as steal a moment from your job and read this and then log into your stock account and you'll notice lots of red number that represent your summer vacation going away think about this. Stocks and their value are basically based on future expectations. So where do you think your stocks are going from here? Take a good look at your portfolio and analyze each position and oversimplify your thinking. In this market environment are your holding going to make money?
Here is an example of what and the hell am i talking about.
First look into you account and spot anything that looks like a bank and after you find it, punch yourself in the face. In a day and age where bank executives are going to prison you might want to consider how something like that might reflect negatively on your holding. Now before you get ready to write me hate mail about what I'm saying, i know there are great banks out there, for example Well Fargo (WFC) great bank, great management, great yield and yes in the future great investment, but that day is not here. When my electrician father is telling me about the "Credit Crunch" and how banks are going under while we drink beer over the grill, you can guess what the rest of the world is thinking about most other financials.
OK after you have successfully hit yourself look at your other holdings. Some of you might find a company like
Apple Computer (APPL). this is an example of my thinking..Apple has the iPhone..iPhone good...Apple stock go up.
next example..
A- Power Energy (APWR) China needs power... APWR gives power to China....APWR stock go up.
stock picking can be just about this easy.

Remember we ride strength and momentum!!We find stocks on the move and buy them so that we can sell them for profit. We never never never look at a stock like we did our old girlfriend or boyfriend and justify sticking with them. If you find yourself looking at your portfolio thinking you have weathered a storm and brighter days are ahead. See above earlier in this blog and punch yourself again. The clock is ticking and life is too short to be married to anything other than your spouse.
take care all,
hugs
t

HOLY CRAP!

Well as I write this the DOW is down almost 300 points on the day and will most likely break a 2008 low. So much for the lows of March that gave the market a sense that there was light at the end of the proverbial tunnel. Well, congress is in session talking about to whom to blame for the rise in the price of oil, the evil speculators or the evil Saudis who are hording oil so that they can afford their fleet of private jets. Meanwhile we have Citi Group (ticker C) and most of the Financial Sector at $17.85 or breaking lows and still not rated a buy by anyone who carries any weight. While this is going on we have Forbes attacking thestreet.com on the merit of their writers and contributors in a half effort to get more readership. Everyone is bickering and no one is getting along, it is a sign of the financial times and it breaks my little heart.

Well, what in the hell are we, as investors, suppose to do now?
Turn off the television and put down the paper (unless it's Investors Business Daily), and stop watching the news. Surrender to the fact that oil is goingto rise and the market is going to fall. So, put on your favorite album as loud as you can and try and wash all this bad news out of your head, relax, and think. My only request is that no one rocks out to any Pink Floyd, it is bad for the market..just kidding.

Amid all this negativity we can find our next trade. If we look closely we can find strength and capitalize on it in this case we are going with Energy Alternatives. We know this is not a ground breaking idea, but the risk/reward factor is right for us.

Yes ladies and gents Oil is so last year, Coal is the new Black. And as far we are concerned we want to take a good hard look at Coal ETF's for near term gains and on the broader stroke Energy Alternative ETFs. Think wind, nuclear, and I hate to say it even solar. Find a good ETF with good international exposure. Next your going to buy as much as you can. Next write close the money calls so you will get called out for a quick profit. While your getting called out and making money off the spread the market should be down hovering around 11,200 and ready for and around of buying on dips. But the name of this game is cash reserve, keep that cash close to your heart and get ready to go shopping on that upcoming Independence Day stock market fireside sale.
Good trading to all,
cheers!
Tony

June 23 (oh boy here we go again, panic in the street)

Any way so here we go.....last week was a rough week for the average investor. Wall street and just about every media outlet felt that the lows of March were our bottom in the market. Both the wall street journal and Barron's had articles arguing that the slump was over, but again they had it wrong. Congress is calling emergency sessions to fight the battle against Oil speculators, and they have it wrong too. Like i said two weeks ago, oil was going to keep on climbing (bubbles never are always longer lived than anyone can speculate) and until the price of oil calms down and the credit crunch begins to subside the market is still going to limp along. But don't worry, like i said in my email last week, the price of oil is going to climb and more and more people are going to start crying that we are in a total recession. So what do we do? well we wait, as more and more people figure out that times are tougher than they want he market is going to retreat lower and lower. how low is the market going to go? by my calculations we are going to retreat another 10% in the next few months. Ouch!!! But don't stress, remember i told you that this was coming, and more pain is in the near term. so we need to go on the defense and wait for the great buying opportunities. Convert more and more of your profits into cash and not reinvestment. Now maybe the time to buy that house that you think you can flip.
cheers to all T

June 9

any way I was dead on on my calls last week, I think the market expected a pretty quiet week last week in hopes of a little respite from the woes of may but they had it totally wrong. As i called it, oil broke another high on thursday (not on wed like i predicted) but the market reacted like all sheep do when they are scared. They ran away with their i eyes closed in a panicked herd. In the end the market closed friday almost shedding 3.4% of its gains of the prior two weeks. And now for some even worse news, people are now even more concerned about the recovery of the economy and rising commodity prices, which will lead to even more losses when retail numbers come out this week. We also have the National association of Relaters reporting their home sales numbers (this is the number people use to measure the strength of personal credit market and consumer confidience). The worst thing of all the market is expecting these numbers to show some signs of improvement from the last quarter. In fact the market for the week ahead hinges of the perception of this data on our economy. In my opinion this could be a turning point for our markets. If these numbers a less than what is expected we are going to hear the word recession cried out for all to hear and it will be completely official the bulls still left in this market will become fewer and fewer. The markets will stumble we will again see the DOw at 13000 again as if we were back in Feb and Aug. But never fear, believe it or not, i find this to be a good thing. We need to to test some lows in order to see how high we will rebound. We want the sheep to get out so that they all can jump in when the skies are looking blue again and send the market back to were it should be. Because like always there is great news on the horizon, we just need to find it and interpret it before all those sheep out there hear it on CNBC and Bloomberg TV. First good news out there, starting JULY 1 the US govt is going to stop hording sweet crude oil. on the average the US keeps .3% of all oil for itself, the gov in a fit off efficiency reacted correctly to the oil crisis and is going to let all oil produced out into the market. This could send oil prices back down to $110 a barrel and even lower when we find out we may develop a surplus of oil. This is looming just beyond the horizon, and now because of the past few months everyone now knows high oil prices bad for market, low oil prices good for the market. When oil drops markets will rise and when this happens hopefully we will have your money in things that will quickly benefit from dropping oil prices. The other thing is the fed may be able soon to start paying interest to money that banks hold in deposit in fed banks. This crucial to motivate banks to sure up the credit markets and get their own credit rating up. This will start a positive outlook for those beaten up financials. also great news. that will cause the markets to rise. So the lesson is to get our chess pieces out on the table and positioned to take advantage of this situation. so look for a painful week ahead but the light is appearing at the end of the tunnel. Maybe..haha

Take care T

May 5 (cinco de mayo) woo hoo

The week ahead. The economy has been treading water in low gear since Feb which is good news that has been largely overshadowed by the headlines of the rise in oil prices, but the economy is in fact showing some short signs of growth despite the inflation of oil.

In the week ahead many analysts see a slight recovery from the 3% correction in the market this past week. I disagree. it is my opinion that the market will continue to trade side ways as investors continue to digest oil hovering at $130 a barrel. Assuming that there are no natural disasters or anything to appear on the horizon that may sway oil consumption it is my belief that the market will hold steady at its current levels most likely until wednesday where we may attempt to see traders push oil to new highs i this case we will see any gains in the market for the week evaporate under the Peak Oil theory. I think the Dow closing at 13,700 would be a productive week. As result of this and the the fact that the major story in every media outlet being the price of oil and the cost of food commodities, i wish to play on these issues in my investing ideas for the rest of the summer. First as i told you yesterday i am liking more and more The Rail Roads, I put my clients in Union Pacific last year and it is up 50% on the year. After reading Union Pacific's annual report for 2007 I like the stock even more. they broke records hauling tons of commodities for the year. I think that this growth will continue as more and more truckers go under as they falter under the price of diesel. So far with the current rise in the price for fuel for 18 wheelers 3% of all truckers have gone under, i expect that number to only grow as the price of fuel raises leaving the only transportation alternative being the rail roads. However RXR are not immune to the rise in fuel costs, locomotives also run on diesel. But most RXR have a fuel surcharge in their billing that will help against the cost of fuel. Also we need to find the RXR with that plans to retire the most of its older les fuel efficient locomotives and replace them wit newer more efficient cars. I think Union PAcific is our company but we still need to look into its route structure more. But after a recent split, and yeilding 4% dividend it rivals only Global Santa Fe rail Road. Any way start tracking the market next week and see for yourself how my predictions play out and in the meantime look into UNP and let me know what you think. also look into RIG, ABB, CE. remember be like a lion...fearless