Burlington Northern Santa Fe Corp. (BNI) — This freight rail carrier fell from $114 to almost $50 in just 16 months and then, with the March reversal, ran to more than $69.

But at just under $70, twin sell signals from our own internal indicator, the Collins-Bollinger Reversal (CBR), joined with a new sell signal yesterday from Moving Average Convergence/Divergence (MACD).

BNI could be a good short sales candidate at the current price with a downside objective of $55. As with all short sales, you should place a good-until-canceled stop-loss buy order in order to protect against the potential for unlimited loss.

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Sam Collins is a registered, fee-based portfolio manager who may be contacted samailc@cox.net. You can also check out an archive of some of his most recent market outlooks by clicking here.