iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Old Man Buffet’s Favorite Indicator Makes a Reversal From Last Week

“Rail traffic is bumpy as usual at this time of year so its’ not easy to take away much from this week’s swing, but we saw a big reversal from last week’s dip as intermodal traffic jumped 10.4% versus last year.   The 12 week moving average is up to 1.92% which is still consistent with a weak economy….”

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