29 DEC 2013, Sunday

• For those that follow fundamentals...a good representation of the general business cycle.
• Overall, it's reasonable.
• I wonder how it is being affected by the manipulations of the Federal Reserve's Quantitative Easing.
• Currently, we seem to be somewhere in the Stage 4 (approaching Stage 5 phase)???
• Trendlines and sentiment readings from previous post are still in play.  It's been a slow upward grind which is always a challenging environment.
• Time will tell.