Replies to post #378655 on Zeev's Turnips Patch-No Politics (ZEEV)

[Burk]

I think we'll have new highs this year. That's what makes a market. Good luck to both of us.

[Must Be Patient]

ogm, what are you looking at to say the transports broke down? Wouldn't we need to see a lower low and a break below the moving average that has provided support during the bull run before saying it's over?

http://stockcharts.com/def/servlet/SC.web?c=$TRAN,uu[w,a]daclyiay[df][pb200!f][vc60][iUb21!Le12,26,9....

I tend to agree with you that we've probably peaked, and I'd like to know what you're seeing in the transports in particular.