1. CSX is working hard to improve its operating ratio. It has trimmed management numbers and substantially decreased its labor expense as a percentage of revenue.

2. CSX operates on the Eastern side of the US which is where over half of the population resides.

3. Coal generated a large portion of CSX's revenue for 2009. This is its bread and butter with coal demand looking bright moving forward.

4. CSX has strived to improve the efficiency of its operations in terms of dwell times, safety, and other railroad business operating variables.These improvements began in 2004 and the dividends are truly paying off now.

5. Rail is the least expensive mode of transportation over long distances when compared to trucking and shipping. It's fuel-efficiency per ton shipped is 3 times greater than the next alternative.

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Summary:

We have no official buy or sell position on JP Morgan (JPM) but heavily encourage a positive discussion to see all points of view be they bullish, bearish, and or something else.