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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (371)4/27/2008 10:59:18 PM
From: AllansAlias  Read Replies (1) | Respond to of 3209
 
Tell us how much HUI has corrected against the rise out of the 2000 low -- percentage-wise?

In that light, it has not corrected so much.

The more interesting chart here, to me, is USD. Has the multi-year correction waited for, now begun? EURO looks done to me -- it wants down now I think. I am leaning to long dollar, short gold for a spell. Still a funny bottom on the dollar I will admit. Maybe we are a low short, but it's coming, if it has not begun.