With all this gloom and doom tossed about day in and day out. I'm also looking at the Transports. They seem to me to be in gigantic consolidation/flagging pattern with-in a larger head and shoulders bottoming pattern on a weekly basis. I'm looking at 2013 being an up year. Just my opinion... probably wrong.
Sure...there's many ways to play that. I'm thinking a bit longer term. ETF's seem to deteriorate over time. There are good individual company plays out there as well, they just have to be timely.
My thought process come's from this stand point. With all the money being pumped into the economy worldwide, and that intern will cause inflation. Doe's it not stand to reason that that prices of everything, stocks, commodities, wages,(lol) ect. would rise? Doe's anyone else think this way? I just don't get some of these gloom and doomers.