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Strategies & Market Trends : Ride the Tiger with CD

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To: Claude Cormier who wrote (207884)	12/18/2011 8:50:55 PM
From: SwampDogg	3 Recommendations Read Replies (1) of 312928

Never liked the triangle and the rally in gold off the Oct low was weak. Silver was not confirming with a higher beta move. Large cap golds looked very good with NEM making a new high but that now looks to be just a headfake. IMO the correction in the metals will not be over in the metals until we see silver in the sub $20 area (for a day in mid 2012) but this does not mean that juniors are not making the low for this correction right now. This would mean that we have begun a bull market in the ratio between the metal and the equities. Play right now may be to be long whacked quality gold juniors and short the metal as a hedge. Rally into Feb/March should be large enough to get all bullish again but it may have one more swoon after that.

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