Above is a chart of the transportation average. I included it because it hasn't risen above previous levels. In fact it may be forming a double top. Notice that even though we are seeing second top, the underlying technicals of that top are weak -- the RSI is lower and the MACD is printing a lower number. That means the prices in the second top are weaker than the first which is not a good development.
I'm on Linked In and Twitter (@captivelawyer). Silver Oz's Linked In name is @silver_oz. NDD is a fossil and may be reached by etching a picture in stone on the wall of a cave.
The Bonddad Economic History Project
At the beginning of 2012, I decided to start looking at the actual, statistical history of the US economy starting in 1950. The reason is simple: to find out what really happened. So, when you see title of a post that begins with a year such as 1957, followed by "employment" or "Fed policy: you know what it's for. You can also access the information by typing in BE for Bonddad econ and a year to find information on a particular year.
Here is a link to pages that contain links to all the posts on the years listed.