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To: pater tenebrarum who wrote (38758)11/18/2000 1:00:08 AM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 436258
 
<<,it's amazing how energy keeps insisting on getting pricier...and the entire complex remains in backwardation. TRAN otoh attempting to discount a future of lower prices.>>

Certainly an amazing disconnect on the surface. Although they hedge and also pass on higher costs in pricing, at some point higher energy inputs have to absolutely devastate their margins. Not to mention that an energy price spike-induced recession should not be exactly bullish for airlines, rails, or truckers....

Got bikes?<G>



To: pater tenebrarum who wrote (38758)11/18/2000 12:22:05 PM
From: UnBelievable  Read Replies (1) | Respond to of 436258
 
I Have Been Watching TRAN This Last Week With Great Curiosity

Do you have any insight or explanation?

I suppose it could be tape painting since TRAN is thought to be a leading indicator by DOW technicians. But it seems like an expensive exercise to impress the two or three DOW theory analysts still out there.


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