"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

Monday, March 8, 2010

Financials

Bears cannot be feeling good about this. The only notable volume is downside volume, but price is price and while I do not believe the broad global rally is well sponsored, price says "who the $%$# cares?" as it heads higher. This is of course a recipe for an unhealthy resolution, maybe when contrary sentiment becomes ripe once again.

Here's an updated view of a chart shown previously.