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Dow Transport Cycle Keeps On Winning
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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