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Strategies & Market Trends : Longer-Term Market Trends

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To: AllansAlias who wrote (114)4/4/2008 1:17:55 AM
From: Galirayo  Read Replies (3) of 3209
 
I choose .. C .. and B .. ?

>>>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:<<<

The Plunging USD Created Abnormal Demand for our Coal, Grain and Manufactured Products .. maybe even our Stocks. (Heck the US is having a Gigantic Discounted Dollar Sale.) The TRAN is being driven primarily by Overseas shipments, which won't really stop any recession here, as well as a genuine rally in the Rails on a cost effective per mile per pound basis.

The TRAN contains Airlines .. which are mostly Commuter class today. It should be re-weighted. Dump the Passenger Jet part. Another one filed for BK today. Again.

Pan Am .. TWA .. Delta .. US Air .. Which one of the airlines has not filed for BK anyway ?? We should just go ahead and add Metro Buses .. Taxis .. and Subways [not the sandwich shops] .. to the TRAN ?? :)

The Rails, Fed Ex , UPS , Logistics , and Ocean Shippers are the ones pulling the sector up.

And B .. The TRAN is sitting on Horizontal R tonite from the May 06 High Pivot.. it may stall here.

But in all actuality the Run in the TRAN is being driven by investor appetite and may have nothing at all to do with a recession only supply and demand on a lowered float after Buffet lowered the Water Table of RR shares. Makes me wonder if he likes CHRW .. it's hitting New Highs.

finance.yahoo.com

It should be Rails and Shippers ... with a 2X inverse on Airlines. LOL

IMHO
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