Finally commodities feel the recession

Trendline broken in DOW

the long term uptrend in the Dow is clearly broken
http://globaleconomicanalysis.blogspot.com/

Crude Oil

Crude Oil is supposed to break out of its consolidation pattern established in the last three weeks...

Airlines

i agree with Jim Rogers: this looks more like a bottom than a top...

Strategic Economic Decissions: Horace Brock

in the context of record oil prices: "Woody" Brock's GOOD LISTENS and GOOD READS are a must, especially "An arbitrage bet on commodities". And "The truth about energy prices and volatility" from September 2005!!!. He knewwww it years ago...

commodities gone wild
all grains (corn, wheat, oats, soybean meal, soybean oil, soybeans) limit up today, energy (crude oil, heating oil, RBOB up 5%), sugar up 8%