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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (120110)	5/2/2008 1:57:18 AM
From: Perspective	Respond to of 306849

Continuing the TRAN discussion, a glance at 5Y performance of many of them is pretty surprising: finance.yahoo.com Lots of 'em are actually pushing channel TOPS right now, especially the rails. Look at Ryder - they made a bunch on "fuel services" last Q. Still can't figure out what that means. There are even a few charts in there that might - might - be sporting ending diagonals that cover the past coupla years. Who knows. All I can say is that the strong charts in there that have pressed that index to the highs are pretty darned extended, and certainly seem to have priced in a best-case scenario. `BC