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Goldcorp Inc. Message Board

  • tech_trac tech_trac Dec 20, 2012 7:14 PM Flag

    Whither Miners if this oscillator flashes another sell?

    This RISK/ON ratio chart has just reached the rarified atmosphere which on 2 previous occasions marked a peak in equities Mar & Sept 2012.

    If miners follow any mkt weakness again,then we've had it along with Paulson.

    Get a ratio solid line chart on HYG:LQD and peak(?)for yourself.

    Seems to me that AU peaked months in advance of equities in the 2007-2008 bear mkt.
    How mkts behave in early 2013 relative to the 4th qtr lo's we've seen will be the tip-off!
    The 4th qtr lo's must not be breeched in Jan or Feb.for bulls to avoid a mkt correction.
    The miners must decouple should a sell be generated.

    I shudder to contemplate history repeating again.

    Sentiment: Hold

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