"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 10, 2010

GDXJ-GDX Ratio

AKA more speculative leader vs. more stodgy laggard.  It matters not what triggered the correction... this condition had to be rectified in order to get back to healthy dynamics.