Since the weekend is coming. Just for fun, I have added the long term ppi chart updated to 4Q 09.
No offense to anyone but for those people who keep saying that they are waiting for the next dip to buy, here is something interesting to note.
Almost every dip in the curve is higher than the one before. If you had waited since 1986 (index 33), the next small dip would have been in 4Q90 (index 56.4). If you missed that one, the next dip is in 4Q98 (100). If you still did not get a unit then, you could have picked one up in 4Q04 but index at 113.8. You had just missed the last dip in 2Q09 but the index is at 133.3.
I leave it to all of you to draw your own conclusions about "waiting for next dip to buy".. Like I said, this is just for fun but pretty interesting when you start to analyse trends.