When you find a cycle that keeps on rocking, it becomes a cash cow. No matter
the fundamentals you believe that are correct the dominant cycle keeps you
honest.
The Dow Jones Transport Cycle is one you must watch on a weekly basis. Dow
transports is a measure of 'demand' in the economy as trucks, ships, trains
and airlines take people and products to market. So if they are doing well
the economy and SP500 companies are doing well.
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