THE ROUNDING TOP
#1
Posted 19 November 2005 - 09:12 PM
We have had a good little pop here but all in all it is about over -- maybe, maybe not. Strength is still weak for the long term IMHO.
comments welcome,
mss
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#2
Posted 20 November 2005 - 05:05 PM
#3
Posted 20 November 2005 - 08:35 PM
....is there any reason why you don't just use the HUI:XAU ratio alone?
Not really. Pure math will tell you that all this does is smooth the two ratios to each other and "maybe" make this line more responsive. The validity of this ratio has been challanged several times, and all I can say to defend it is ...I like it and it has meaning to me.
You are right useing the HUI:XAU is probaly just as good.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#4
Posted 20 November 2005 - 08:37 PM
#5
Posted 20 November 2005 - 08:59 PM
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#6
Posted 20 November 2005 - 09:31 PM
trend is still in place but note that although bullion is higher the ratio is not close to prior October peak....we are still in domain of potential throw-over
#7
Posted 21 November 2005 - 01:06 PM
I simply thought you were long....
Everything I do is for fun. If your not having fun your not enjoying life.
I trade based on the trend and expected rise or fall of that trend.
Dougie you have been around long enough to know I'm not BSing the board with my charts.
mss
#8
Posted 21 November 2005 - 01:44 PM
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!