AJ, Thanks for the chart. Carter Worth made a interesting point (IMO) on CNBC's Fast Money a few nights ago - that possibly the reason the Dow Theory may be distorted is because of all the transportation that is being done by ships, he said that the transport index did not include marine shipping. He showed two charts, one showed the traditional Tranny vs. the Dow, and the other chart he added the Marine index to the Tranny and compared that to the Dow. The marine adjusted tranny index is at a all time high. Obiviously globalisation is not a new story - but is it being measured properly?
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