OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Captain Hook

Posted by Maddog @ 16:38 on October 30, 2014  

Ok so the P/C ratio on GDX is 1:2….does that explain the HUI down 8 weeks running, now in it’s 9th and accelerating ….I don’t think so. You’d want a P/C ratio of 0.25 or better min.

9 weeks down in any mkt is beyond extreme, to be happening after such a large fall already is, again beyond extreme. These are not real mkts.

What about the magic 1 % cap on Gold…what has the P/C ratio got to do with that, damn all. The 1 % cap is there no matter what the P/C ratio is, day in day out. Has any mkt been capped at 1 %/day ever, never…again not real mkts.

This isn’t sour grapes it’s facing reality, normal analysis no longer works.




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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.