Totally unbeknownst to ET is the heavy duty rupture in the concrete of the world economy. The Dow Transportation Index is just one aspect, a good one at that and since I use Dow Theory, I use DJT all the time. FedEx warned recently.
But Holy Tamale, have a look at the Baltic Dry Index
Sheesh, the US ship is half submerged but nobody at ET has noticed anything amiss as the band plays on, every trader here so stuck in the limited view of the 2 or 5 minute chart as to miss the entire forest for the trees. But it’s worse than that. They miss the trees too which are intermediate waves talked about in Dow Theory. Then they drop lower and miss the leaves too. Where do they reside for the most part. In the Alveoli of the leaves - soooooooooooooooooooooooo. far removed from the view of the forest. Like Donald says, “Sad!”
But Holy Tamale, have a look at the Baltic Dry Index
Sheesh, the US ship is half submerged but nobody at ET has noticed anything amiss as the band plays on, every trader here so stuck in the limited view of the 2 or 5 minute chart as to miss the entire forest for the trees. But it’s worse than that. They miss the trees too which are intermediate waves talked about in Dow Theory. Then they drop lower and miss the leaves too. Where do they reside for the most part. In the Alveoli of the leaves - soooooooooooooooooooooooo. far removed from the view of the forest. Like Donald says, “Sad!”
.