It probably was for the better. You're a bit touchy.
For the record the second rate analysis was talking about people like Roskill - not your charts. You're choosing to say the FA is causal for the TA. I disgree with that. TA is clearly negative and we will probably test major support. The run from the 35c lows has been fantastic and there will always be cyclical movements.
All I am saying is the FA hasn't changed and the secular trend hasn't either (in my opinion). I was just offering a counter argument to your postulation on the ORE situation
January Tea Leaf Musings !, page-230
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