It looks like the markets did an about face and broke out to the bullish
side from a CRB standpoint, especially ever since the Fed did more talk than action about rates.
Beans, Corn and CL to new highs, same with COcoa recently.
Coffee broke out upwards too.

Looks like the dollar will have a hard time changing trend without any brakes by Bernanke.

Stagflation is back on strong.

There may be a short term rally, but the bottom is not in for the Dow and SP, Nasdaq etc.

The Bear market for equities just intensified, IMHO.

Any thoughts anyone?

GT,
DC