[RT] Long SPY short GLD 1.4T leaves gold etfs

["Mr. Kevin B. Bantz" <kevinbantz@xxxxxxx>]

1.4 trillion came out of gold efts in May, most of that money went  
into stocks.
http://www.commodityonline.com/news/Withdrawal-of-14t-from-16-Gold-ETFs-in-May-18271-3-1.html

The max-pain for JUNE SPY is 82 and GLD  is 90 a ratio of .91 right in  
line with the daily.
http://www.optionpain.com/MaxPain/Max-Pain.php

Look for a consolidation of the new money added to equities.

http://stockcharts.com/charts/gallery.html?SPY:GLD


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http://stockcharts.com/charts/gallery.html?SPY:GLD