Trigger Time!

So if anyone's been paying attention to my KinzoRLP CAPS profile, they'll notice that I've made a couple more position adds to my personal portfolio.

I bought my second third in Canadian National Railway (CNI) for my Roth IRA. They've been getting beaten down quite a bit recently due to fears of a U.S. slowdown. History has proven, however, that industrial railways are a solid recession-proof industry.

The second company that I initiated a small position in is called Ingersoll-Rand. Yes, this is out of my norm, large-cap blue-chip type stock is definitely too slow for me. But similar to CNI, there's a lot of deals in the industrial sector due to market pessimism, getting into a large-cap industrial play was exactly what I've been waiting for. Why? Well, ever since they announced to merge with Trane, I've wanted to get into the company. As with a lot of the companies out there, I believe they're at a great buy point (PEG ratio under 1).

Also, I'm testing the Dow Theory on its concept that stock market averages must confirm each other. To summarize, if the the manufacturers are producing more goods, then the transportation industry will have to ramp up as well. The transportation industry is at an all-time high therefore I feel that the manufacturers will need to catch up. I'm definitely not a technical trader, but I do believe it definitely helps in determining optimal entry points.