Miners vs Nasdaq
The HUI is now officially underperforming the Nasdaq since the March 2020 crash. Makes perfect sense. “This time will be different.” Nope. At this point I am expecting a retest of the dot com bubble low in this ratio, around 0.010–a double in the Nasdaq from here vs gold miners. Can anyone tell I’m a little bitter? lol.
https://www.youtube.com/watch?v=tG56XMsTQkA
This is a fine example of an Al Gore rhythm
this buy and hold crap just does not fly with the miners, only way to play is in and out, take the money and run on the 2 hour/15 min time frames. When the charts say ‘get out’ I live in denial and suffer.
Hey, If the stocks your playing chart’s aren’t going parabolic your in the wrong game…LOL I just placed in the penalty box for 90 days for striking out with the good faith rules, Oh well life’s a bitch.
Agree 100%. Watching the daily cycles now more than ever, if I trade the PMs at all.