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Friday, February 04, 2005 1:08:37 PM
frenchee, looks short-term bullish, and it may breach the 160 double-top, but the MACD will not even come close to as high as it has on that chart, so that'll create bearish divergence, making it a sell... I was also looking at the long-term chart, and it looks like a breach of 160 will qualify as what I like to call a "bubble-wave."
Fundamentally, it looks like a lot of their holdings are tied to the broader market with no deviation, where as $GOLD has a strong liklihood of deviating from the broader market, I don't see the likes of Toyato, Readers Digest, or even banks doing the same...
all-time data chart of EFA, shows quite a run:
Fundamentally, it looks like a lot of their holdings are tied to the broader market with no deviation, where as $GOLD has a strong liklihood of deviating from the broader market, I don't see the likes of Toyato, Readers Digest, or even banks doing the same...
all-time data chart of EFA, shows quite a run:
HI-HO SILVER !!!
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