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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (13862)	12/12/2008 5:37:49 PM
From: SliderOnTheBlack	6 Recommendations Read Replies (2) \| Respond to of 50058

Couple more HUI Gold Stock charts... I forgot these in the earlier post. re: Trading channels. Here's the individual trading channels for the HUI index during this cycle. How cheap are gold stocks relative to the price of gold here? The first time the HUI gold stock index reached the HUI 260ish level (where it is today) Gold was only $400. ...we had $400 Gold and HUI 258 in late 2003. Today with Gold at $826 - the HUI closed basically the same level. ...the same price for gold stocks at $800 Gold, as at $400 Gold!?!? Here's another visual... the HUI:Gold ratio. After these big monster runs where stocks move +50% in just a few trading days, and you start feeling like nothing is cheap and everything seems "toppy" -- just pull up this chart: SOTB