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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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From: energyplay10/19/2004 3:29:41 AM
  Read Replies (5) of 13449
 
This here is a choo-choo train - yes a rail road stock -
and before you say "Didn't they go out of fashion in the 1928 ?"
or "Have you heard ? They built the interstate all the way to Californee ! " you may want to look at the chart.

finance.yahoo.com

Norfolk Southern, NYSE : NSC

Not much of a set up here, just the old up and to the right ;-)

Unlike our friends in the airline business, the Rail Roads own or have rights to the track, and so you don't have a SouthWest or JetBlue.

They use diesel fuel more efficently than trucks do, and can carry heavier stuff like coal, lumber , grain, rocks.

Railroads are running near capcity on exports to China and the Far East, and are able to raise rates.

Just think, when your friends ask you what you're buying now, instead of flaky semiconuductor or some wild biotech, you can say you are buying railroads....
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