To: Les H who wrote (120039 ) 5/1/2008 8:00:16 PM From: Perspective Read Replies (7) | Respond to of 306849 TRAN: Jesus H. Christ, can *anyone* give me any idea how this is happening?!? I humbly covered a bunch of TRAN shorts a few months back, so it's not hurting me too badly - but how the FVCK can we be knee-deep in the worst downturn in decades, oil well over $100/bbl, corporate bond yields rising (the *real* yardstick for PE ratios), and yet TRAN is knocking on the door of all-time highs?!? If that isn't the poster child for the insanity of the present situation, I don't know what could possibly outdo it. For the most part, these are captive companies, with most of their sales denominated in the domestic U.S. dollar, and expenses priced in oil. It just boggles my mind that these are running. Pathologically "irrational" just doesn't do it justice. Psychotic? Moronic? Lunatic? Or just plain fvcked...finance.yahoo.com COMPONENTS FOR ^DJT Symbol Name Last Trade Change Volume ALEX ALEXANDER BALDWIN 51.04 4:00PM ET Up 0.81 (1.61%) 1,072,644 AMR A M R CP 9.90 4:01PM ET Up 1.13 (12.88%) 25,183,357 BNI BURLINGTN N SANTE FE 105.23 4:02PM ET Up 2.68 (2.61%) 3,620,093 CAL CONTL AIRLINES CL B 19.25 4:01PM ET Up 1.27 (7.06%) 7,181,474 CHRW C.H. ROBINSON WW 65.61 4:00PM ET Up 2.93 (4.67%) 2,891,582 CNW CON-WAY INC 49.87 4:01PM ET Up 3.62 (7.83%) 2,005,133 CSX C S X CP 64.55 4:00PM ET Up 1.60 (2.54%) 4,880,100 EXPD EXPEDITORS INTL 48.40 4:00PM ET Up 1.81 (3.88%) 2,800,620 FDX FEDEX CORP 98.65 4:02PM ET Up 2.78 (2.90%) 2,596,606 GMT G A T X CP 46.05 4:01PM ET Up 2.05 (4.66%) 699,874 JBHT JB HUNT TRANS 34.99 4:00PM ET Up 1.02 (3.00%) 3,616,197 JBLU JETBLUE AIRWAYS CP 5.06 4:00PM ET Up 0.02 (0.40%) 9,416,965 LSTR LANDSTAR SYSTEM 53.94 4:00PM ET Up 1.98 (3.81%) 975,106 LUV SOUTHWEST AIRLINES 13.52 4:04PM ET Up 0.28 (2.11%) 9,716,196 NSC NORFOLK SO CP 60.71 4:00PM ET Up 1.13 (1.90%) 3,307,881 OSG OVERSEAS SHIPHDLG 79.45 4:00PM ET Up 4.19 (5.57%) 981,430 R RYDER SYSTEM INC 71.31 4:01PM ET Up 2.84 (4.15%) 1,666,227 UNP UNION PACIFIC 146.63 4:02PM ET Up 1.44 (0.99%) 3,821,718 UPS UNITED PARCEL SVC 73.58 4:00PM ET Up 1.17 (1.62%) 4,325,970 YRCW YRC WORLDWIDE 18.24 4:00PM ET Up 1.99 (12.25%) 3,485,179 `BC