***TRANSPORTS, BEAR ALERT EARLY THIS TRADING WEEK!!!>>>
(If the bears are to win in this market, they will need to assault the transports)...
*I'm expecting bears to put their main focus towards transports-related issues early in the week, I would expect any intraday spikes to be sold, especially on Monday or Tuesday here...
*One way to be a bear on the transports is to sell the ETF, symbol: IYT
Or the individual components of the Dow Jones Transportations Average can also be sold or increased leverage from the bear side with put options. The components of the Dow Jones Transports are:
ALEX
AMR
BNI
CAL
CHRWD
CNF
CSX
EXPD
FDX
GMT
JBHT
JBLU
LSTR
LUV
NSC
OSG
R
UNP
UPS
YELL
...and of course, the DOW JONES TRANSPORTATION AVERAGE...[/b