Wednesday, April 20, 2005

A CHARTING WE WILL GO

TRAN 10 YR 52 week signalled baby BULL in 2003 when it turned up, has NOT turned down yet.....maybe due to flow of Chinese goods. Someone told me today he heard that 30% of ALL LAGE CARGO ships are docked in China, the REAL problem? they cannot ship it fast enough.

DOW TELLS DIFFERENT STORY here we see declining 200 WEEK and the avg is BELOW a flattening 52 week, HOW can I construe this as bulish?

5000

COMPQ Looking haggard here! GE 200 WK still declining

WMT I don't know what to make of this 5 years of nothing!

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