"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

Thursday, May 17, 2012

Relic - Pig Man ratio jumps

'Why I say... what is the meaning of this?' utters Munger.  The red dotted line is what separates the Au-SPX ratio from a new trend.  Know who you are, know what you know and keep your bullshit detectors tuned.













http://www.biiwii.blogspot.com
http://www.biiwii.com
at 5/17/2012 07:06:00 PM
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2 comments:

  1. I think the 3 peaks and domed house analog is appropriate here. Look at RUT or SPY over the past year and half, near perfect correlation to the analog

    ReplyDelete

  2. Why did PMs jump by themselves yesterday [apart from long bond new high]....?
    -Fear of gaping chasm from potential derivatives meltdown [eg what's safe about the dollar/US bonds?]?

    ReplyDelete

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