Saturday, September 24, 2005 9:36:43 AM
This chart suggests a bottom in the Semi's as they relate to other commodity related stocks. The presumption being that Semi's have become largely commoditized.
POG relative to Spx. If recent ratio holds suggests a high in Gold or a low in Spx. Spx could decline with POG falling harder to keep the relationship intact.
POG relative to Spx. If recent ratio holds suggests a high in Gold or a low in Spx. Spx could decline with POG falling harder to keep the relationship intact.
Gizmo...
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