Short-Term Update on HUI-Gold Ratio
posted Mar 30, 2005 at 11:26PM
I consider this configuration to be bearish due to its being below key moving averages and below a minor trend-line.
A more major trend-line does still offer support. Those trying to pick bottoms need to be careful.
Except for some exposure in some junior oils, I am basically cashed up right now...just watching for "developments".