yes of course, that's been the problem with it lately.
that's why I have alluded to using the System more as
a guildline or use other things as confirmation or
filters like the GDX/GLD ratio. The gold stocks have been
under performing for a while via the GDX/GLD ratio
BTW the GDX system will be going to cash today per
rule #3 lessthen
3% above the 200 day MA
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GDX - oversold bounce due tomorrow?
Posted by frtaylor on 3rd of May 2011 at 02:12 pm
Matt, does it not seem likely we'll see an oversold bounce tomorrow in GDX?
yes of course, that's been
Posted by matt on 3rd of May 2011 at 02:36 pm
yes of course, that's been the problem with it lately. that's why I have alluded to using the System more as a guildline or use other things as confirmation or filters like the GDX/GLD ratio. The gold stocks have been under performing for a while via the GDX/GLD ratio
BTW the GDX system will be going to cash today per rule #3 lessthen 3% above the 200 day MA