The economy, or the market?

I just read this, which makes me think about all the time spent reading and and trying to predict the future of the economy...may be is better to use our time and brain to study and analyse business and companies instead of the economy...because in the market, we are the ones that takes the decisions (we decide in which side of the trade stay). On the other hand, In the economy, the decisions are taken by everybody, except us.


"Forecasting stock prices based on a forecast of the economy has almost always led to disappointment. 
Rather, the stock market should be seen generally as a good predictor of the economy—although not always."

CRB: waiting for definitions

XLF

Chile: New Highs

Daily chart:

Weekly Chart:

Dow Jones Transports: long term view

Dow Jones Transports: buy signal

We should wait one more day above the trend-line:

Notice that the index is above the 200 EMA.

Logarithmic or arithmetic charts?

If we use the logarithmic scale, the SPX is under the trend-line. If we use arithmetic scale, it is above the trend line. So?

I compared this situation with the one that happened in 2009. Let's see:

Now, in 2010:

KO

Road map

This is the pattern that I am following. Until it is broken, I will be waiting for a definition.

Analysts following this pattern: Charlie and analista tecnico.

Wait & See

Today's action was really strong.  But the trend continues down (Using weekly EMA's) and we have some resistances.  I am waiting for a signal to go short. 

S & P 500:

S & P 500:

Dow Trasnports

XLF:

There is no reason to go long

S & P 500 in EURO:

S & P 500:

DAX in USD:

The edge

S & P500:

SPY:

DOW TRANSPORTS:

Russel 1000 Financial index: