Topping of major indexes not in synch, Trannies and Dow 2005 early tops, Banking back in 2004 and recently the UTES, last to go...NOT bullish action , more like old and dying 3 yr cyclical bull market.
http://research.stlouisfed.org/publications/usfd/page3.pdf recent SHARP declines here. no matter what other stats say this from horses mouth.
http://www.naftemporiki.gr/markets/quote.asp?id=.BADI BDI tunred back at FIB and declining trendline resistance, should TRANS follow suit?
TOPT and other tankers at or near 52 wk lows,??? how so as OIL was peaking? now under $60???? whahhhh??? OIL falling stocks falling, YES.
CAT 3rd qtr up 34% stock off $5 plus. INTC MSFT EBAY cant move NAZ but GOOG will?
Be careful my friends. Bonds catching FEAR bid? Dow hovering now near 10,200...getting interesting this FRI opex
D
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