What direction are we moving?

From Chart of the Day's - www.chartoftheday.com: "Quote of the Day

The greatest thing in this world is not so much where we are, but in what direction we are moving.' - Oliver Wendell Holmes"

And the best way to have a good sense of what direction we are moving is to examine (in near real time and with high resolution) the trend data for the most important factors and indicators at work in whatever situation we find ourselves.

What could be simpler than that?

Chart of the Day - www.chartoftheday.com

Here's another nice chart from Chart of the Day - www.chartoftheday.com

On the plus side we have the complete time range and the use of the derived value of the inflation adjusted DOW as the variable to watch rather than the Headline raw DJIA value. In my view, the inflation adjusted number really should be the Dow value that we watch for the same reasons that we use inflation adjusted numbers everywhere else.