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To: yard_man who wrote (3587)11/27/2002 11:54:32 AM
From: the-phoenix  Read Replies (1) | Respond to of 4051
 
Here is a daily chart of the SPX/Gold ratio:

stockcharts.com[l,a]dalannay[pf][iUj[$indu]]&pref=G

It looks to me like the ratio has increased during each bear market phase on the SPX and decreased during each rally phase.

So when do you see these "convergences", because I guess I don't see them.

Thanks,

Phoenix



To: yard_man who wrote (3587)11/28/2002 4:24:29 PM
From: Claude Cormier  Read Replies (2) | Respond to of 4051
 
<My guess is -- we are entering a period of a month or a few months where both will move up together>

Gold and US Equities ?

Looks to me like we are just near the cliff for the later.