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Strategies & Market Trends : Longer-Term Market Trends

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From: AllansAlias4/3/2008 12:37:04 PM
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Riddle me this...

If a recession is here/coming, how could our $TRAN have done that breakout, with the implication that it is now headed back to the highs. Could be:

a) No recession is coming.

or

b) TRAN ain't going much higher.

or

c) TRAN not a good indicator.

Anybody got an argument (i.e., not just some baseless opinion --tx) for one of these choices?

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Previous TRAN chart:
Message 24454253
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