Friday, February 04, 2005

PSSTTTTTT Air coming OUT of BUBBLE?

http://www.contraryinvestor.com/mo.htm

Repost of this monthly rant, in case anyone missed it. Market leading indicator?

When I looked at these charts.....does it not seem to clear to everyone....the jig is up?IMHO, what can investors NOT get enough of? The reflation trade....OIL....steel...tankers...IMHO ready for major decline....commodities...financials....home builders.

This AM's DATA? Decline in work week hours, revised downward last months job data...a miss in this month's job growth. A drop of .2 in EMployment to 5.2% so what gives? MORE gave uP!

Duratek

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