Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: crdesign who wrote (2297)	9/6/2006 3:23:34 PM
From: Nihontochicken	Read Replies (2) \| Respond to of 50739

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