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milepost,et al. Anybody hear of taking profit off a 42% Rail Run?      4-Aug-09 12:26 am    
I get that houses are only selling at a 17% discount over last May, instead -17.9% (see Case-Shiller)... that makes them down a staggering 30% (instead of 30.9%) over May 2007!

I understand that GDP decreased by 1% instead of 1.5%... oh, but the REAL Q1 number was -6.4% NOT 5.5%, meaning the 1H of 2009 was WORSE THAN EXPECTED, but nobody mentions that!

AND, Great Job Obama with the "Cash For Clunkers", the Ghetto-Version of the 2 year Interest Only Adjustable Rate Mortgage, which means guys like me are saying to themselves "hmmmm, I have a clunker AND a job making less money... so instead of selling my clunker to the kid next door or driving it until I can AFFORD a new one, I'll take some tax-payer cash and add it to the junk pile (the US Economy, that is) for a NEW Clunker... A Clunker-To-Be, so to speak... creating an auto industry bubble just like the one we have/had in real estate!"

ALL GREAT STUFF... AND I LOVE THE US OF A... BUT something's out of order when every single rail stock catapults 25-42% in two weeks, especially on the heels of the already accelerated share recovery from March to Jun since S&P 666! Leaves you guessing... am I in for a 10, 20, or 30% haircut cause I know it's coming!

The stock market reflects our current culture... easy come - easy go, get yours before the other guy, Greed Greed Greed, I NEED it NOW, etc.
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  Subject Author Rating Time of Post (ET)  
 
milepost,et al. Anybody hear of taking profit off a 42...
pdppt Not rated 4-Aug-09 12:26 am  
 
It's simple. You hold a great company and buy on w...
milepost290 Rate it 7-Aug-09 09:44 am  
 
I checked stock charts comparing CP and CN (b...
blackoutbuz... Rate it 10-Aug-09 09:24 pm  
 
Yes, CP is a pure RR play now. CN is alr...
milepost290 Rate it 12-Aug-09 12:43 pm  
 
Oh forgot to ask... I see call options out to...
blackoutbuz... Rate it 10-Aug-09 09:26 pm  
 
we'll get a 30% haircut from cp if we are still in...
longshorttr... Rate it 31-Aug-09 02:43 pm  
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Canadian Pacific Railway Limited (CP)

Chart for Canadian Pacific Railway Limited (CP)
At 3:50PM ET: 48.35 Down 0.50 (1.02%)
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