Re: Trade ideas...lets see what we can come up with
A little late to the party(Warren Buffet in below 80), but going long BNI(Burlington Northern).
The main reason I like this play is the continued surge in crude oil being coupled with the continued push for biofuels(mainly ethanol in the midwest). With most of the biofuels located in the midwest, the railroad industry is going to profit from the extra overload to transport the fuel to upper northeast, Florida, and California.
Put me down for LONG BNI at the current 88.5 price level.
-FH-
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