To put aside the validity of the article's conclusion for a moment, take this quote:
"[the DJIA is] very vulnerable to a big correction. Few stocks would be spared in such a downdraft. Do you have a slightly greater appreciation for technical indicators?"
This is a circular argument: Technical indicators make a significant prediction, therefore technical indicators must be correct.
Speculators Driving Up Commodity Prices? Hardly [View article]
"prices for commodities without an active futures market are rising faster than prices with an active futures market. Steel is the key example, but rice, potash and a dozen other commodities make the case too."
This is potentially a very interesting angle. Do you have any data on hand you can share?
Is the Equities Party Over? [View article]
"[the DJIA is] very vulnerable to a big correction. Few stocks would be spared in such a downdraft. Do you have a slightly greater appreciation for technical indicators?"
This is a circular argument: Technical indicators make a significant prediction, therefore technical indicators must be correct.
Speculators Driving Up Commodity Prices? Hardly [View article]
This is potentially a very interesting angle. Do you have any data on hand you can share?
By the Numbers, Mining Stocks are Undervalued [View article]