Click on Any Chart Below to Engorge It

Tuesday, September 28, 2010

The Old Grey Mare Vs. Russell 2000

As silver makes new highs, it is fast approaching resistance when seen as a ratio to the Russell 2000 small cap stocks.  A break above the orange level should target a run to the highs of panic city in early 2009.  This can be accomplished by 1)Silver goes up and the stocks go nowhere;  2)Silver stays flat and stocks go down; or 3)Silver goes up and stocks crater.  Our bet is for what's behind door #3.

No comments:

Post a Comment