Finally, The Market's Crystal Ball

bee

What is the market's crystal ball? Well, strangely enough it's the price of Lumber and Eurodollar futures. Seems you're not so easily convinced. Here's more.

From this article:

...as a stock market leading indication, it says to be looking for a peak about a year from now, but a really fun bullish time leading up to that peak.

and,

So for that forecast of a year from now, we need to watch how both the eurodollar COT data and lumber prices behave over the next few months.

Article:
Chart In Focus - Lumber and Eurodollars: A Curious Intermarket Relationship
mcoscillator.com/learning_center/weekly_chart/lumber_and_eurodollars_a_curious_intermarket_relationship/

Old_Skeet

Thanks @bee for posting.

Crash

Krystal Ball.
http://www.msnbc.com/sites/msnbc/files/2012/10/krystal-ball1_2.jpg

bee

@Crash, now that will overheat any market...wonder if that is her real name and does she have a bother name Eight?

Crash

Hee hee. She has been a nightly talking head on MSNBC, but not lately. Seems to me her SISTER has taken-over that role. I forget her first name. But the surname CANNOT possibly be a coincidence. And more recently, my tv is only good for watching videos. Ya, she's a head-turner. She IS busy elsewhere, now. Maybe politico. But don't quote me.

VintageFreak

Good Grief!

By the way I will let you all know when I pick my nose in public. Exactly 30 days after the market will enter bear market. Unless of course I scratch my head in private, when it will start going up again.