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In spite of all the rhetoric touting the "ignominious sector" and trashing (politely) the "PIG",(and I am guilty of this)the PIG has been the place to be for the last couple of years. I guess life's lessons never end.
That is the way it has worked out. But the ignominious sector has led the rebounds and led the washouts per the HUI-SPX chart below. So is iggy leading piggy?
Considering spanish yields are blowing up, and coal and steel are both dropping now, I'd say yeah. But WTF do I know.
ReplyDeleteWhat, you mean that stuff is not bullish? One day my friend it's going to be hyper bullish for our favorite ignominious sector.
DeleteIn spite of all the rhetoric touting the "ignominious sector" and trashing (politely) the "PIG",(and I am guilty of this)the PIG has been the place to be for the last couple of years. I guess life's lessons never end.
ReplyDeleteThat is the way it has worked out. But the ignominious sector has led the rebounds and led the washouts per the HUI-SPX chart below. So is iggy leading piggy?
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