"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, July 27, 2010

Liquidity Indicators

Okay, last post for a while - busy.  But this is a picture of high risk for bulls (the weekly dollar, GSR, long bond and 'investment grade' - 'junk' debt ratios have NOT broken down) and bears (they might well do so).  Not an easy market, but certainly an interesting one.