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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: posthumousone who wrote (268959)8/13/2010 4:26:52 PM
From: patron_anejo_por_favorRead Replies (3) | Respond to of 306849
 
No, it did not confirm and was pretty weak in fact. Some of the juniors did OK (ahem, NSU and NGD), but Ork is right, for the POG to be within 40 bucks of the highs, the miners are downright anemic. That's potentially a critical divergence, and scares the $hit out of me. It even has me thinking of shorting some majors, but there's usually better stuff out there to whack in other sectors.