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Politics : Welcome to Slider's Dugout

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To: crdesign who wrote (2297)	9/6/2006 3:23:34 PM
From: Nihontochicken	Read Replies (2) of 50735

Regarding the possibility of a housing bust and economic slowdown, half brothers $CRB (commodity spot/futures prices) and $CRX (commodity company equity prices) are usually tied at the hip, and generally tell the same story. Currently they are diverging bigtime, and one has to give up and break. The CRB is headed downward with significant momo, while the CRX is trending sideways in a big BB pinch. Today the CRX bounced strongly down off overhead resistance, and is still just holding on in the tight BB squeeze: stockcharts.com while half-brother CRB continues its downtrend (Sharpchart won't update with today's data until after market close, but INO shows the CRB down 1.60 so far today): stockcharts.com The fat lady is still warming up in the wings. Either the CRB has to stop and reverse back up, or the CRX has to break downward. The latter would be much easier to interpret than the former if and when either shows on the charts. NC

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