bear market rally or sustainable support?, page-5

Yes a tricky one.

Based on a simiple look at the graphs and correlating where the BDI last was around 1815 was 5th August 2005. If any correlation can be drawn then the steep index rise would possibly suggest 2006 trading patterns.

If we look at the AORD on the same day 5/8/2005 the Index stood at 4,333. Today (on opening) the AORD stands at 3,428.

Interestingly the BDI and the AORD show very little correlation..

To see that there is little in correlation between the BDI and AORD do the following:

1. Click on the link above
2. Click on the '5y' range button
3. In the 'Add Security' box type "AU"
4. Click 'Go'