Forget about what the market is doing right now. The real issue is “How many legs where blown off with the The Stanley Works [[SWK]] for The Black & Decker Corporation [[BDK]] and Berkshire for Burlington Northern Santa Fe Corporation [[BNI]] deals? Do you notice a pattern?
Big deals are being financed again, which spells disaster for those who are short. Literally, it is a financial minefield for those who make a living selling short. So, in addition to having an active ipo/secondary market, we are blessed with a very healthy m&a market too. This is very good news for stocks and the banking industry.
Unfortunately, as of now, the market disagrees with me, by way of a stupid sell off. However, as sure as I am sitting here, it shall rise again—like the sun over Tokyo.
On this decline, [[ENTR]] gets an automatic looksy, as it is always a good dip buy. And, that’s about it for now. Banks are getting ripped apart, thanks in large part of [[RBS]] and UBS AG (USA) [[UBS]] .
Nonetheless, this decline should be temporary and the dip should be bought.
NOTE: On the [[BNI]] deal, give the trannies a look, especially CSX Corporation [[CSX]] , Canadian National Railway (USA) [[CNI]] , Union Pacific Corporation [[UNP]] , Norfolk Southern Corp. [[NSC]] , Kansas City Southern [[KSU]] and Genesee & Wyoming Inc. [[GWR]] . The market cannot go down with this sort of strength in the trannies.If you enjoy the content at iBankCoin, please follow us on Twitter