Which is right, BDI or SPX?

Place your bets ladies and gentlemen. The BDI does not seem to think much aluminum, copper, and iron is due to be shipped imminently. Meanwhile, many stock markets continue to catch a bid. Could Prechter have come and gone so quickly? BDI doesn't think so. We have been watching this breakdown for a few weeks in the newsletter and it sure is persistent.

Qualifier: I am a global growth believer (due to the wonders of inflation and its power to redistribute). But we are talking time frames here.