Gino's Blog : Food for thought

The truckers must survive. The nation will grind to a stop without them.

Great observations
You just provided one page summary of our economy
From what you wrote, mid grade eating places be the stock to look for in next few months
TXRH - Texas Road House chart looks great and ready forotential break out
Feb 5 2010 Credit Suisse upgrades Texas Roadhouse (TXRH 11.70) to Outperform from Neutral..

I'm wreckin the upside in UNG is %wise similar to GAZ....and GAZ just needs to trade thru 15.50 again ifn I remember correctly. The natgas stocks are "probly" the werst seckter to be lookin fer bargains within right now actually. ....very little upside thur altho a couple o'the gaz yoots will have 'decent" runs. I put Die Energy (DYN) up on me list as a long on Fri sssthinkin it would take out the 1.53 low into the close. Of course the markets reversed on chort covering into the weekend. I'll "probly" just hold it long since it has a run thru 2.10 coming ....which %wise is MUCH better than what UNG will give ya. As fer as the restaurant stocks go...I find it "intrusting" that you are trying to game em based on funnymentals like how many cars are in the parking lot. I remember one clown at anudder stock spewin site who wuz trying to game the stock price of INTC based on the fackt that "they are hitting on all cylinders" as fer as new products with high margin profits. Too bad INTC has topped out for this long term cycle and is now on its way to becoming a $7 dollah stock long term. And trust me...losing 50%+ o'yer $$$ longterm really isn't that bad whenst you consider a stock like AAPL which uses cheeps in thur compooters. AAPL stock will get cut in half at least 3 times. Your best bet as always is to look at the crappiest crap in ANY seckter and "hope" I as your local card carrying Superhero can save it. Intrusted in the retail seckter fer instunce? Why bother with a scam of a company like SHLD which is on it's way to sub $20 dollahs (after I make the markets rally enuff to sucker Mighty Mouth back in at the top of course) whenst you can play a complete POS like thisn right cheeeya >>> ZLC *-) Remember, stock price has absotootimussly nuphin to do with funnymentals. The morons who chased AEZ and the one I mentioned previously, XTXI, into the cold weather just got thur azzes soundly kicked cuz they "figgerd" "the cold snap coming should help the natgas playz" >>>> Wrooooooong! ...again! See that blip down to 6.25 on Fri on the open for XTXI? Morons getting their "stop set 'safely' and at a distance below last support" hit. Seeing morons getting separated from thur $$$ is one o'the most entertaining things to watch in the markets *-) 3J

BTW, Gino, I have been "patiently" waiting for truckin company YRCW to come in so I can save it from bankruptcy. I already made substantial progress by getting a BIG chunk o'the debt holders to accept a debt fer equity swap cuz like everybody else those morons lent wads o'cash to YRCW back in the middle o'the last decade whenst the economonomy was rippin...under 'false pretenses" of course. Well...several weeks ago these idiots realized they had no chance of getting made whole so they had better "settle for at least sumphin" so they don't end up like the shareholders at GM which the O'Bombas took down. The GOOG news is that YRCW is on me watchlist for a buy this coming week and ifn it can make it down to .53 centavos it 'should be" GOOG to go...altho I'm wreckin I will miss by .03 centavos this time. Spekkin o'that thur...I wanna apolomagize to the fokes who bot TSFG at .39 centavos. I missed by a fool .04 or .05 centavos on thatn it "looks like" .....sorry. I relaize I sed TSFG would hit .39 centavos even whenst it twas trading above $1 dollah after any o'the many "idiot ramps"....I'll werk on nailing these long term bottoms a tad closer in 2010 *-) 3J

Hi Gino,
Your observations are spot on. The Ceridian-UCLA Pulse of commerce index cofirms your first hand observations.
http://www.usatoday.com/money/economy/2010-02-10-truckers10_ST_N.htm
What happens next?
Jonocjk

What's next?................. I have no idea. We wait and see, I guess. I'm just sharing some observations I've made from the highways.

What I see, is allot more of those huge wind mill blades for the wind generators going down the highways. But I have no idea what company is installing them.

I've also noticed a bunch of new BIG buildings with truck docks all around, most of them have Prologis on the sign, but they are mostly empty. Is Prologis taking advantage of low land and building prices to be in position when the economy comes back? Are they paying for them with cash or are they borrowing? If they make it through and these buildings get filled with trucking companies, distribution companies, etc... They'll be rolling in the dough.

Ooops, missed this about ProLogis

http://www.peopleandpicks.com/blog/Zacks_Analysts/3266331/

Thanks Zack Analysts