"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Wednesday, November 14, 2007

Would you rather be in the UPtrending market or the DOWNtrending one?


With all the hysterics of the last couple weeks, Huey remains in an uptrend and the broad stock market is in a downtrend. This could change, but what's the old adage? Oh yes, stay with relative strength and avoid relative weakness... or something like that.