Jump to content



Photo

Rail traffic off - industrial production peaking ?


  • Please log in to reply
No replies to this topic

#1 nimblebear

nimblebear

    Welcome to the Dark Side !

  • Traders-Talk User
  • 6,062 posts

Posted 15 June 2010 - 12:28 PM

Rosenberg has some interesting charts. This link is a brief description.
http://www.businessi...c-growth-2010-6

Whats interesting to me, is that many companies I talk to now are basically saying the same thing: that their business has peaked. So while many of them handled the situation from 2008 and stayed in business, basically by cutting to the bone, few of them re-hired, and so now they are prepping in many cases for the next leg down.

This should be good for one last short squeeze of sp up to 1150 maybe 1200 before summer ends.

Then the usual fall swoon to take us to new lows for the year.

Seasonally these rail numbers should be up and rising, not cresting and falling.

Attached Thumbnails

  • railroaded.png
  • railroaded2.png

OTIS.