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  • Ocean Man
    Shorted CSX at 22.61. Looks to be at top of trading range. (Sorry HSS)
    7/13/12
    Reply (5)
    • bradyc: OM is on fire on short today
      7/13/12
    • FortSumter: I've been thinking of playhing earnings for rails and roads. JBHT CSX CNW Thye've held pretty well. If mfg is slowing they should be too.
      7/13/12
    • neobliviscar: Transports definitely look like a top from a number of metrics. Short NSC, but am adding a few to it including CSX. Looking for 5% decline
      7/13/12
    • FortSumter: RA up >6% today on good earnings and increased car loads. Maybe rail and road hold higher for another quarter???
      7/13/12
    • neobliviscar: Could be. Company to company can be poor correlation. I can make a killing in CNI and get killed in NSC at the same time, owning both.
      7/13/12