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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (41779)8/8/2009 12:43:54 PM
From: Cheeky Kid  Respond to of 207678
 
I have the header turned off thats why I didn't see it. Thanks for bringing that to my attention. Those were the good old days back then.



To: da_cheif™ who wrote (41779)8/9/2009 1:24:35 PM
From: Kirk ©  Read Replies (1) | Respond to of 207678
 
DOW Gold Ratio

Back in 1999, it took 45 ounces of gold to buy the DJIA.

On Friday March 6 of 2009 the DOW-Gold ratio hit a low of 7.03

As of Friday (May 9, 2009) it only took 9.36 ounces of gold to buy the DOW, a nice jump from the recent low.

It looks like the chart of Gold could be making an iH&S but near a top after a consolidation rather than near a bottom for a reversal.... a break above 1,000 could be exciting.


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