|
PureBytes Links
Trading Reference Links
|
I also have gotten cautious toward stocks here as we approach the third week
of July, after what the market has done the last three years from July to
Oct. The VIX last week reached it's lowest level since the March high.
The XAU/gold ratio slipped below .20 on Friday thus giving a buy opportunity
in gold stocks. This ratio has worked well even though gold has been in a
bear market for what seems like forever.
I see you mention a late Sept. low. What is your reasoning for that? Cycle?
Howard
|