"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

Tuesday, June 23, 2009

While trying to work up the nerve to short China or Japan...

I came up with this little ratio chart. Hong Kong, obviously the speculative playground compared to Japan, led to the downside into the last deflation event. Not that any one indicator can be taken on its own face value, but when stacked up with lot's of others maybe this is giving a hint of a warning that some casino patrons should be listening to.

Yes that's it, I am in indicator stacking mode. One by one, building a case.