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Panics, in some cases, have their uses; they produce as much good as hurt.
Thomas Paine
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DJTA Dow Jones Transportation Average
U.S. Rail Freight Traffic
(supposedly one of Warren Buffet's favorite indicators)
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U.S. Rail Freight Volume
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More EquitiesDJT Log Chart from 1901
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DJT and 200 day exponential average (red), 200 day rate of change (green)
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Dow Jones Transport adjusted by the CPI (Consumer Price Index)
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DJIT (recent) The blue line is a 20 day Donchian channel, green line is a 20 day exponential average, yellow line is a 200 day exponential average.
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U.S. Rail Freight Traffic (supposedly one of Warren Buffet's favorite indicators)
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U.S. Rail Freight Volume
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Dow Jones Transportation Index Components
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