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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (41270)	12/4/2012 4:09:58 PM
From: Keith Feral	Read Replies (1) \| Respond to of 222756

I find that charts recycle like clockwork. DOW and S & P much closer to last December's low points than GLD right now. I think the downside for GLD is about 4 to 1 relative to the S & P right now. Last December, GLD lost about 200 points for 20% decline relative to a 5% decline for equities. I'm sticking with my point that I had in November that I don't want to be anywhere close to gold until we move past the big dip in Gold last year from 1700 to 1500. Still an excellent source of profits going into the end of the year.