http://blogs.wsj.com/marketbeat/2009/11 ... f-malaise/By Matt Phillips
"The Dow Jones Transportation index shot higher, up about 5%, as railroad stocks surged on the news that Warren Buffett’s Berkshire Hathaway is buying the Burlington Northern Santa Fe. Transport railroad stocks Union Pacific, Norfolk Southern and CSX are all the biggest contributors to the breakout in the the 20-stock measure higher — besides BNSF, of course, which is up 28%, after the deal news.
The sharp breakout ruptures a down trend that set in on Oct. 20. Some market watchers have been keeping an eye on that move lower in the Dow Transports for clues about the future of the broader stock market. Still, the transports are up roughly 68% since March 9, outpacing the roughly 50% runup in the Dow seen through the close yesterday."
Can't wait to see what his business car will look like, maybe they'll bring the F units back.