"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Friday, May 18, 2007

Dow-NDX ratio and a revision to our bearish stance


Edit 5/21 (12:00) What bearish stance? Market trying to prove that stance wrong. Depending on status near market close, QID (last remaining bearish position) may be closed out.