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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: ChanceIs who wrote (149918)4/22/2011 9:55:17 AM
From: ChanceIs  Read Replies (1) of 206093
 
>>>Don't we have to have a big increase in crude to maintain this ratio at the average??<<<

Oooooops. Screwed that up. I was thinking Oil:DJIA ratio. By DJIA:Crude, crude might have to drop slightly to raise the ratio to LT average. Regardless, things are pretty close to balance right now. But if you believe in overshoots, then crude should run much higher.

Still, can't have high Dow and low oil. At least not with the current money printing paradigm.
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