For the BGMI (Barron's Gold Mining Index) on the Sharelynx site going back to around 1970, in bear markets where we have had the RSI (14), relative strength index--two week, go up over 70, in a bear market--we have always had a downturn to follow--see 1983,1987,1990,1993,1997,1999--so there has at least been some continuation of the bear. During this bear market we are in since 2011, this is the first time we have gotten over 70 on the RSI (14). I'm not considering 2008 as a true bear market--since that was close to the end of the bankstas world and the boyz were more interested in preserving that world than holding gold and the miners hostage.
http://www.sharelynx...fchart-BGMI.php
