Nov
13
Gold and Stocks, from Victor Niederhoffer
November 13, 2009 |
Gold and S&P mirroring each other at 1110 and 1090 respectively, but Nikkei down four days in a row to 9800 versus usual consonance with S&P.
Ken Drees responds:
Here is four month chart of Gold/SPY. Victor's post got me thinking of the relationship.
Comments
1 Comment so far
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It's funny how financial products mirror each other for a while, then don't. The public always catches on, in the end. I don't spend much time figuring on the public; I just do what I do, and try not to listen to anyone else (tough thing to do sometimes).