I realize that most casino patrons like to buy high and buy bad risk vs. reward situations (like the yellow highlighted channel buster), but for the others, here is an updated view of the monthly HUI-SPX ratio that claims gold stocks vs. broad stocks are in a good risk vs. reward stance vs SPX.
It is either that or an 11 year trend is in danger of breaking down. While this does not mean the nominal HUI has to rise (it could fall less than the SPX), I'll take 'A', the HUI is a buy at least in ratio to the broad market, Alex.
http://www.biiwii.blogspot.com
http://www.biiwii.com
It is either that or an 11 year trend is in danger of breaking down. While this does not mean the nominal HUI has to rise (it could fall less than the SPX), I'll take 'A', the HUI is a buy at least in ratio to the broad market, Alex.
http://www.biiwii.blogspot.com
http://www.biiwii.com
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