Tuesday, May 3, 2011

Gold-Silver Ratio

Is this just another fake out like the last time the ratio hit the weekly EMA 10? I am not sticking around to find out. Leaning heavily on QUALITY gold stocks and cash only in the speculation account. Also, looking for other market shorts to eventually add to the silver puts. All based on the idea that gold is going to start to out perform silver at some point in the next several weeks.

My biggest holding? Why it's the symbol P.A.T.I.E.N.C.E.

BTW, I have been using the ADX lately since I am obviously on the lookout for trend changes. And man, is this one stretched.

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