BNI is a buy over 83

[whodi]

look at the 6 month chart, I posted about this one already, ascending triangle formation, and it would be breaking through its MA's. I own it at 81.23


http://finance.yahoo.com/charts#char...urce=undefined

[whodi]

testing 83 level now, chart looks solid

[whodi]

stock is looking solid along with chart as mentioned before.

[Goods]

Here's the story behind the BNI breakout if you haven't seen it.

http://biz.yahoo.com/ap/071005/berks...oads.html?.v=1

[whodi]

I know is was really involved in the company. When I found the stock I also found this

Sep 26 2007 9:20AM
Title: Berkshire Hathaway buying railroads (Long Recommendation)

Warren Buffett's Berkshire Hathaway Inc ((BRKa.N)) ((BRKb.N)) may boost its stake in Burlington Northern Santa Fe Corp (BNI) to 25 percent, after accumulating 15 percent of the shares in the second-largest U.S. railroad.
In May, Berkshire reported stakes in two other railroad companies, a 6.36 million share stake in Norfolk Southern Corp (NSC) and a 10.51 million share stake Union Pacific Corp (UNP).

Buffett told shareholders at Omaha, Nebraska-based Berkshire's annual meeting in May that the railroad business's competitive prospects have improved and are better than they were 30 years ago.