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chainik

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chainik

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Re: Justa Werkenstiff post# 68552

Thursday, 01/05/2006 12:53:44 PM

Thursday, January 05, 2006 12:53:44 PM

Post# of 148479
<C: Not sure what you mean about GLD leading market...general market....miner market>

General market, but not sure myself what I meant (g). Just a fuzzy "feeling" (not backtested) that HUI and GLD declines preceed general market declines.

Another outflow from Rydex precious metals fund on the up day. According to Rydex, HUI is still a "buy". If we see further outflows and some correction in HUI (it certainly ran up too fast), I'll buy the dip.

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