Look, I am just one of those crazy chart guys that thinks he sees things in these pictures. One of my best internet and financial market pals, Otto Rock, thinks we charty geeks are peddling hocus pocus. He damns me with faint praise as being among the best of a bad lot :-).But I was twittling around with a monthly Gold-Silver ratio (GSR) and there it was; a high and tight BULL flag. The pullback target is noted at which point I plan to buy the 2X short silver ZSL to protect gold miner holdings. May sell a few more things outright as well. I am back in the mode of protecting significant gains off the puke fest in October. Ya gotta be just crazy enough to look for hints as to coming events in charts like this.
Don't know whether or not the broad markets are going to succeed in pumping short term, but I do know I would not be long with my worst enemy's money when that flag turns back up.
