Memorial Archives

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".

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