Anyone see any pattern? Anyone? The answer is there is one. This is the primary reason the market has me concerned -- we are essentially directionless, trading between several points. There is some good news in this -- namely, we're not engaged in a massive sell-off. That tells me that so far, traders aren't concerned about a big economic fall-out. However, we're not moving higher either, which tells me that traders are waiting for ... something.
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.