GOLD DOWN
Started by
bobalou
, Aug 27 2004 12:00 PM
1 reply to this topic
#2
SilentOne
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- Traders-Talk User
- 3,452 posts
Member
Posted 27 August 2004 - 12:28 PM
Hi B!
When the shares hold like this with the opex hit on the metal, it is usually a bullish sign. The ratio to watch for bullish action is $hui:$gold.
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$HUI:$GOLD,uu[r,a]dhlayyay[d20001001,20041231][pc50!c200!f][vc60][ilb14][J30193256,Y].gif
The fact that gold held $400 today impresses me.
cheers,
john
When the shares hold like this with the opex hit on the metal, it is usually a bullish sign. The ratio to watch for bullish action is $hui:$gold.
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$HUI:$GOLD,uu[r,a]dhlayyay[d20001001,20041231][pc50!c200!f][vc60][ilb14][J30193256,Y].gif
The fact that gold held $400 today impresses me.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
![http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$HUI:$GOLD,uu[r,a]dhlayyay[d20001001,20041231][pc50!c200!f][vc60][ilb14][J30193256,Y].gif](http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$HUI:$GOLD,uu[r,a%5Ddhlayyay[d20001001,20041231%5D[pc50!c200!f%5D[vc60%5D[ilb14%5D[J30193256,Y%5D.gif){kind=link}