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U.S. ECRI Materials Prices Fall at a 7.3% Rate

Bears Chat at The Wall Street Examiner Bears Chat September 20, 2011 0 Comments

U.S. ECRI Materials Prices Fall at a 7.3% Rate
By Alex Tanzi – Sep 20, 2011 10:03 AM ET

U.S. industrial prices fell 1.15 percent today, according to the ECRI materials prices daily report. The smoothed annualized growth rate, which is designed to min…

Chart Picks – Trading Range Death Trap Yields Two Picks

Yet again, whenever I pick a few shorts to add to the list, the market smacks me upside the head. Fool me once, shame on you, fool me twice, shame on me. It’s like our permabear friends, whose names I’ll withhold out of respect for the dead, who have been warning for 12 years that the market is about to crash. They will be right one day. Well, every few months I’ll see a few short picks that I like and add them to the list. We’ll probably keep losing money on them, but one day, I’ll be right. You’ll see! 😆

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U.S. ECRI Materials Prices Fall at a 7.3% Rate