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Non-Tech : The Woodshed
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To: SwampDogg who wrote (20019)1/16/2005 12:29:57 PM
From: steve from ihub  Read Replies (1) of 60903
 
<I have noticed many times intraday that if the golds started to rally on a down day in the general market that it would signal a rally in the general market soon after

thats an interesting observation and ill try and look for that

<Does a protracted weakness in PMs signal pending weakness in general stocks or are the PMs setting a low here and everything rallies to another new high?

imo over the larger timeframes the miners dont have a lot of correlation to the general markets. i believe the miners do their own thing for the most part. the exception being if the markets get stinky ugly, then the miners will get sold too as traders get hit with margin calls and have to sell everything.
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