"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

Friday, October 10, 2008

And a bad omen it was... AUY H&S top

In this post today's 5 level was noted as the target for AUY. Today? A sickening low of 5.20. Also, 220 for HUI was noted in the post, which could easily be attained with one more day of pukage. I don't currently own AUY but am going to watch it closely.

You have got to hand it to me, I picked a great week to start a newsletter; 'hey guys, let me highlight my portfolios for you and show you my performance!' But this is not a sprint as we lurch toward hyperinflation from deflation. It is a slug fest like the middle distance races I used to run in high school and let me tell you, the pain involved was immense.