frizzers Posted April 10, 2014 Report Share Posted April 10, 2014 Where do you think this chart is headed next? Link to comment Share on other sites More sharing options...
notanewmember Posted April 10, 2014 Report Share Posted April 10, 2014 Up I think, as long as it stays above 10 going forward, but what is it a chart of? Link to comment Share on other sites More sharing options...
notinformation Posted April 10, 2014 Report Share Posted April 10, 2014 down i think its the dow/gold ratio probably headed to 0.5 Link to comment Share on other sites More sharing options...
notanewmember Posted April 10, 2014 Report Share Posted April 10, 2014 Oops! Sorry! Link to comment Share on other sites More sharing options...
drbubb Posted April 11, 2014 Report Share Posted April 11, 2014 It may need to retest the Low before going higher Link to comment Share on other sites More sharing options...
frizzers Posted April 11, 2014 Author Report Share Posted April 11, 2014 You're not supposed to know what it is as it affects bias - I just wanted to look at the the direction. But yes it's the Dow-gold ratio. Link to comment Share on other sites More sharing options...
notanewmember Posted April 11, 2014 Report Share Posted April 11, 2014 I could devise poll where there would be 5 random old charts and then reveal their outcomes. If necessary I could change the numbers on the right hand side of the scale (maybe divide by a constant number). It is true if we know what the chart is, there will be some cognitive bias. Link to comment Share on other sites More sharing options...
Van Posted April 11, 2014 Report Share Posted April 11, 2014 For followers of this forum especially... it's pretty obvious what the chart is. And to answer: Up then down. Or maybe down then up. Link to comment Share on other sites More sharing options...
Van Posted April 11, 2014 Report Share Posted April 11, 2014 A far more useful and pertinent question would be what it means if the chart goes one way or the other, and how best to position yourself to mitigate the risks in the event of either extremity? Link to comment Share on other sites More sharing options...
drbubb Posted April 11, 2014 Report Share Posted April 11, 2014 I like doing this sort of test with Ratios, since the chart pattern may not be instantly recognizable. But the breaking of trends can still be important. When would you be most interesting in buying THIS ratio? Link to comment Share on other sites More sharing options...
frizzers Posted April 11, 2014 Author Report Share Posted April 11, 2014 Here are some support levels. Note that 5.80 in 1990 and 2011. I think this is an important ratio to think about at present. Link to comment Share on other sites More sharing options...
Jake Posted April 30, 2014 Report Share Posted April 30, 2014 I think we'll see a nice downward curve to well below 5.8 by mid 2015, maybe sooner. Link to comment Share on other sites More sharing options...
Jake Posted April 30, 2014 Report Share Posted April 30, 2014 Btw what's this "support" at 5.80? I thought support was around 1:1? 1980 and 1932...or can both be "abberations"? Link to comment Share on other sites More sharing options...
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