Riding a rail recovery with CNI and NSC

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by Tom Slee, contributing editor Gordon Pape’s Internet Wealth Builder

One of the first things I learned in this business was to keep an eye on the Dow Jones Transportation Index. Often referred to as the “Canary in the Coalmine”, it’s one of the few worthwhile market indicators.

An upward movement in the Dow Industrials is only sustainable if confirmed by the Transports. As traders say, one “makes”, one “takes”. Further, the Transports have led every major rally since 2004. So with our canary alive and well, I remain very encouraged.