fletcherchristian

A Complete Guide to Agriculture ETFs

Good article and lots of good comments. Thanks !

The Golden Cross with Transport Index Confirmation

The nonconfirming transports are much easier to explain by the massive drop in volumes of goods transported by Rail, Courier Companies, Trucking Co.s all of whom have seen a significant decline in volumes.

The oil price is a red-herring.


On Jun 24 01:21 PM CLH wrote:

> The nonconfirming transports are easy to explain (rationalize?).
> The transports are almost entirely dependent on energy. We are coming
> off an oil bubble (forming a second peak). When the price of oil
> returns to normal (30-40 dollars) the transports will quickly confirm.

The Real Crisis Is Food: Beginning of the Bull for Agriculture

Good article. Now might might not be the best time to buy into related stocks or funds, but after the markets crash, this is definitely a sector that I will be positioning for.

The Golden Cross with Transport Index Confirmation

According to Dow Theory proponent Richard Russell, the DJT did NOT confirm the DJIA and therefore the conclusion drawn is based on an incorrect premise.

RR June 11th "...the Industrials recorded a high on May 8 at 8574.65 while the Transports recorded their high of 3404.11 on May 6. A minor decline followed, and on the ensuing advance Industrials continued to rise to a new high above their May 8 high. But on the latest rally, the Transports have failed to confirm the Industrials by refusing to advance to a new high above their May 6 peak. Twenty-four trading days have now elapsed since May 6 and despite talk of "a better economy" and numerous "green shoots," the Transports still have not confirmed."

And subsequently the DJTs have dropped further, indicating that a confirmation is extremely unlikely without a significant downward correction in the DJIA.

Gold Still Linked to Dollar Movements

@rick12345..... i've thought about doing the same thing, but get your timing wrong and you'll be buying at a higher price than what you paid for your current holdings. better to hold what you have and add to it on the dips.

Will a Bull Market Break Out?

Another misreading of Dow Theory. This is still a bear market.

Telltale Signs That a Significant Correction Isn't Imminent

Personally I find J.S Kim's articles to provide some of the most astute analysis available, and would advise 'gurb' to review more of his articles.

Fatcat, the rise in oil prices also signifies 'a green shoot of recovery', a message the gov't are clearly trying to push, despite much evidence that the increase is largely speculative demand.

Smartphones: The Mobile Industry Is About to Get 'Blown Apart'

Forrester are paid by M$ to release this non-researched research.

As such Forrester nonsense is regualrly debunked at roughlydrafted.com

iphone is an entertainment only device.... please