SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (37662)8/3/2005 1:49:21 PM
From: ild  Read Replies (2) | Respond to of 110194
 
Date: Wed Aug 03 2005 11:34
trotsky (@pm stocks) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
if today's move is sutained, the HUI/Gold ratio will move further away from the danger zone.
in spite of a recent surge in call additions in the sector, sentiment can probably still be classified as 'neutral' overall, as WS analysts are not exactly enthusiastic about gold shares, and the Rydex pm fund has a lot of room for additonal inflows in the wake of recent drawdowns.
this combination of renewed technical strength plus neutral sentiment could suffice to propel the sector out of the recent trading range.
the biggest danger at this point is the Fed's apparent willingness to keep jacking rates up until something breaks.



To: ild who wrote (37662)8/3/2005 9:54:48 PM
From: chainik  Read Replies (1) | Respond to of 110194
 
I also noticed this unusual divergence. However, all-exchange p/c according to quote.com is 0.63 - more or less neutral and closer to CBOE P/C.

BTW, thanks a lot for posting comments of this guy from kitco (don't know his real name - Blasik?). He is really impressive.