for those of you who swing on longer term horizons
the
alarm bells are sounding inequities
(particularly as F500 corps are starting to trend profit forecasts
downward).
Baltic dry
index is falling (looks like they are shipping for free these days)
while the market climbs.
in combination these signals are ominous. I'm not short
but,,,, got my finger on the button particularly as economic
cheerleading seems to be at a fever pitch on the back of some bits
of suspiciously good economic data.
note: without QE3 commodities (sans oil) are in a down trend.
Also, PM, and PMM complex have been in a corrective or
consolidation phase. some commodities are starting to show basing
patterns - which could be a precursor to more QE.
meanwhile the debt bubble slowly grows.
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swing trader alarm signals - equities
Posted by rreich on 16th of Feb 2012 at 11:05 am
for those of you who swing on longer term horizons the alarm bells are sounding in equities (particularly as F500 corps are starting to trend profit forecasts downward).