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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (120046)5/1/2008 8:44:26 PM
From: ChanceIsRead Replies (3) of 306849
 
>>>yet TRAN is knocking on the door of all-time highs?!?<<<

I share your frustration. Having read further down the thread before responding, I don't think I can add much.

Rails are making it on volume - low BTU content coal out of the Powder River Basin, ethanol, Wal-Mart from China (should be dropping off, but not until the rebate is spent). I think that the rails actually have some pricing power.

The airlines are basket cases. They should all be BK.

Trucking??? They seem not to be able to pass on fuel, and their volume is dropping. Boggles the mind - Conway rising?!?!?!?!?!

Patron's point is well taken that the sovereign wealth funds might be stealthily buying America. What else would they do with the oil money. They take the risk of course that we will pull an Hugo on them. Perhaps a Merrill. The foreigners have no concept that the Americans will live for today by pulling their retirement funds out for flat screens. Who bought Merrill and then had it drop about 50%??? The Chinese??? They were POed.

So maybe "W" and Paulson aren't so stupid after all. I mean.....if the PPT takes one afternoon off, the the DOW will drop about 1K. Then we would have captured all of the foreigners money as the IBs buy it all back for America with the dough we have been printing for them since August.
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