NTaylor,
i am with you to a certain extent.
IP will be good. Coal will be better, Infrastructure is a long way off.
Why were the options date 2014, and why was the excise price only 2cents? Dated at 2014 and free, why couldn't they price them at 5cents?
more importantly, what happens to ESI when the market has a rest (large drop) again. Everything i am reading points to some large volatility later in the year (September). Will ESI power thru that?
when huge volume goes thru at the end of a wall street session (sell into the rally) and bond yields keep rising, where will the market head?
this will go higher, but will it come back down when the market does.
time will tell.
breakout, page-8
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