YRC Worldwide Inc (YRCW)

[GuyBig]

Bad Action in Today's Reporting Transports
Is it a bad sign for YRCW next week?

I planned to buy KNX, NSC, and R this morning. They all reported positive reports about 8:30 before the opening. I was trying to buy all 3 between 7 and 8, before they reported, in the premarket.
I was not filled at all.

All 3 popped up at the opening and stayed up for 1 to 5 minutes. Just before 10 AM, Ryder is down nearly 3%, Norfolk Southern is down nearly 1%, and Knight Transportation is virtually unchanged.

I was lucky not to be filled, but when 3 transport stocks ALL report positive earnings surprises and then get aggressively sold on those reports, it does not portend happy tidings for long holders of YRCW.