How to profit from insanity

I do not consider myself a whiz. I do have a belief, though - that when people go nuts, you buy the stock for the thing they're going nuts over.
It's working out fairly well, today.



http://www.google.com/finance?chdnp=1&c ... WHC&ntsp=0


http://www.google.com/finance?chdnp=1&c ... LLL&ntsp=0

DISCLOSURE:
this isn't advice - it's simply a gloat - and past performance is rarely a good predictor of future success.

I made a lot of money on Ruger after Obama was elected because there was a run on guns. They claim to have sold over one million firearms last year.

And coal crashed once Barack was in office, so I scooped up some undervalued stocks. Think people are waiting to buy back into coal if it looks like Obama will lose?

Saw on facebook, some of my friends back east were seeing coal miner layoffs due to the current administration.

If coal recovers - I'd look for a recovery in col transportation (trains) - with companies like Norfolk Southern.

Curiously, NSC has out-performed the market, even with soft coal transportation.

thank you swhc

you made my day. (gloat)