NFTRH Update

Submitted By Gary Tanashian

Edit (2:41) Okay, well it is confirmed that some subscribers did not receive. There is evidently an issue with the outgoing mail server at my host or ISP. We will get this fixed ASAP, and thanks for your patience.

Edit (12:35) One thing I struggle with is making myself clear on a consistent basis. This morning's update prompted a couple inquiries regarding the 'time to boogie' statement below. In short, time to boogie means downside broad market events signaled by rising gold to asset ratios. Or, as I put it to Bruce:

Bruce,

What I mean by that is that gold outperforming other assets and markets will signal downside events for global markets and a swing from over bullish sentiment to over bearish. Which is where the opportunities would come from. To buy fear.

As for this breakout, this is the reason I hold a good chunk of gold stocks and GLD now. I suppose it is possible for the gold miners to decouple from the rest of the markets, but given their positive correlation of late, I have not been banking on it.

Gold outperforming other assets will signal the contraction in liquidity that the hyg/ief ratio for example, would signal. That is the environment in which I would go near 'all in' on my precious metals holdings. Hopefully, near the bottom of course. Just like HUI 175-150 last year. Except, as you know any extreme HUI downside to come about is significantly higher than that ['no brainer' buy level is higher than last year's 'no brainer' buy levels] for this year, in my opinion.

Regards,

Gary

It has been a morning full of glitches, I am not sure this email got out to the entire subscriber base due to a glitch on the email server. So here it is. From this morning pre-market. Can you please email me if you did NOT receive this earlier by email?

Good morning,

We got our move in the VIX, which is but one indicator in a world full of them that hint that the broad global rally could be rolling over. Now, we have had hints before that Hope '09 just trampled on its way higher, so bears still need to exercise caution. Other indicators to go with the VIX are the HYG/IEF junk to treasury debt ratio, the $USB long bond holding its breakout (even as commodities and the inflation trade are trumpeted far and wide), the FXI/SPY ratio which shows downside leadership by the Chinese market and of course the state of nominal market charts, which show bearish divergence and MACD triggering down.

Here is the hope for the bulls however: The gold/silver ratio still looks weak as the precious metals sector continues to hang tough. Remember, the gold stocks track the price of silver better than gold when the bull is on. This has resulted in the precious metals sector remaining technically okay (in symmetrical triangles) and is I suppose a glimmer of hope for the broad markets. However, gold measured in industrial metals, oil and stock markets looks a bit more positive, although nothing conclusive has been registered. The bottom line here is that when gold makes its real move in ratio to silver, copper, oil, stock market, euro, etc... we will then be ready to boogie. Emotions will run high and all the familiar players will be playing their familiar roles falling into two main categories: victims and capitalists.

If we do get a substantial correction, the question will then become whether this is the total unraveling of an unsustainable construct or just the end of the initial leg up in mini bull cycle destined for SPX 1200 +/- sometime in 2010? I look forward to the day when we can begin charting that question. Patience.

Regards,

Gary
http://www.biiwii.com
http://www.biiwii.blogspot.com

Did you like this article?

Login or register to post comments
Email this page
Reset vote
0 points

This post is very great,I

Submitted by gjh on Sun, 03/07/2010 - 7:36pm.

This post is very great,I like to read again.Thank you very much! Cheap Timberland Bootscheap timberland classic bootskids timberland bootsTimberland timberland boot Timberland Bootstimberland boots cheaptimberland boots for cheap timberland boots for kids timberland boots for men timberland boots for saletimberland boots for women timberland boots men timberland boots on sale timberland boots uk Timberland Classic Timberland Mens 6 InchTimberland Mens ChukkaTimberland Mens Customtimberland shoes timberland uk timberland women boots Timberland Work Bootsnike shox,nike air max,air jordan shoes,air force 1,nike nba shoes,nike dunk sb,nike air max 90 ,cheap air max,cheap nike shox nike dunks.cheap ugg boots Uggugg australia bootsUgg BootUgg Bootsugg boots on saleUgg Boots Saleugg on saleUgg SaleUggsugg classic tallugg classic tall Bootugg classic tall saleugg tallugg tall bootsUGG Classic Tall blackugg short bootsugg short boots saleugg classic shortugg classic short saleclassic short bootsclassic short boots saleugg classic short boots chenyuhua

»
Login or register to post comments

Very great!wow,wow!The

Submitted by uggbailey on Wed, 03/03/2010 - 3:33am.

Very great!wow,wow!The message is so woderful!why not read that？ mbtmbt shoesmbt shoes salembt anti shoescheap mbt shoesLamimbt lamithe anti shoesM.WalkMBT M.WalkMBT Lami ShoesMBT Lami Birch ShoesMBT Lami Civiar Black ShoesMBT Lami Gray ShoesMBT Lami Purple ShoesMBT Lami Red ShoesMBT M.Walk Black ShoesMBT M.Walk Gray ShoesMBT M.Walk Green Shoes(NEW ARRIVAL)MBT M.Walk Peachblow Shoes(NEW ARRIVAL)MBT M.Walk Pink ShoesMBT M.Walk Purple Shoes(NEW ARRIVAL)MBT M.Walk Sky Shoescheap ugg bootsUggugg australia bootsUgg BootUgg Bootsugg boots on saleUgg Boots Saleugg on saleUgg SaleUggsugg classic tallugg classic tall Bootugg classic tall saleugg tallugg tall bootsUGG Classic Tall blackugg short bootsugg short boots saleugg classic shortugg classic short saleclassic short bootsclassic short boots saleugg classic short bootsTimberland bootsTimeberland boots saleCheap timberland shoesTimberland work bootsClassic TimberlandTimberland Roll Top bootsTimberland Chukka BootsTimberland waterproof bootsUggugg australia bootsUgg Bootugg on saleUgg Bootsugg boots on saleUgg Boots SaleUgg Salecheap ugg bootsUggsugg tall bootsbailey buttonbailey button bootnike shox,nike air max,air jordan shoes,air force 1,nike nba shoes,nike dunk sb,nike air max 90 ,cheap air max,cheap nike shox nike dunks.

chanel designer

Submitted by bagsagent on Mon, 02/22/2010 - 7:09am.

Shop online for authentic

Submitted by ugg mbt on Sun, 02/21/2010 - 7:34am.

Shop online for authentic luxury Porsche Design Watches,wholesale Burberry Handbags,wholesale rolex watches,Accessories including PTC 911,wholesale Nike Shox Shoes,mbt shoes,wholesale Dolce Gabbana Handbags,wholesale Louis Vuitton Handbags,Flat Six,wholesale ed hardy,wholesale rolex watches,Indicator at our website,porsche design watches,wholesale jordan shoes,nike air max 2009,The biggest brand discount website!

If you are looking for the

Submitted by Ecboots on Tue, 02/09/2010 - 8:11am.

If you are looking for the top boots such as [url=http://www.ecboots.com/timberland-boots-sale-c-426.html][b]timberland boots sale[/b][/url],[url=http://www.ecboots.com/christian-louboutin-c-451.html][b]christian louboutin shoes[/b][/url], [url=http://www.ecboots.com/uggs-on-sale-c-528.html][b]uggs on sale[/b][/url],[url=http://www.ecboots.com/puma-shoes-on-sale-c-433.html][b]puma shoes[/b][/url] ,high quality, Quick shipment,Lowest price and Good service. Many people care their health.To have a good [url=http://www.ecboots.com/mbt-shoes-sale-c-420.html][b]MBT shoes[/b][/url], will help reduce the anxious.when you see [url=http://www.ecboots.com/mbt-shoes-sale-c-420.html][b]mbt shoes sale[/b][/url], you can find [url=http://www.ecboots.com/timberland-boots-sale-c-426.html][b]timberland boots sale[/b][/url], [url=http://www.ecboots.com/christian-louboutin-c-451.html][b]christian louboutin sale[/b][/url] and [url=http://www.ecboots.com/puma-shoes-on-sale-c-433.html][b]puma shoes sale[/b][/url], no matter which you like, there are some other styles, like [url=http://www.ecboots.com/timberland-boots-sale-timberland-mens-6-inch-c-426_430.html][b]timberland 6 inch boots[/b][/url], [url=http://www.ecboots.com/uggs-on-sale-ugg-bailey-button-c-528_381.html][b]ugg bailey button[/b][/url],[url=http://www.ecboots.com/uggs-on-sale-ugg-classic-argyle-knit-c-528_415.html][b]ugg argyle knit boots[/b][/url],[url=http://www.ecboots.com/timberland-boots-sale-c-426.html][b]timberland boots mens[/b][/url],[url=http://www.ecboots.com/timberland-boots-sale-timberland-mens-rolltop-c-426_427.html][b]timberland roll top boots[/b][/url], [url=http://www.ecboots.com/mbt-shoes-sale-mbt-lami-shose-c-420_422.html][b]mbt lami shoes[/b][/url].these shoes make you so fashion in cold winter. Also,you can take a look the [url=http://www.ecboots.com/handbags-c-483.html][b]designer handbags[/b][/url],such as [url=http://www.ecboots.com/handbags-gucci-handbags-c-483_465.html][b]gucci handbags[/b][/url],[url=http://www.ecboots.com/handbags-chanel-handbags-c-483_459.html][b]chanel handbags[/b][/url], [url=http://www.ecboots.com/handbags-louis-vuitton-handbags-c-483_482.html][b]Louis Vuitton Handbags[/b][/url] and so on.

london links links london

Submitted by aiyamaya on Mon, 02/01/2010 - 11:18am.

london links
links london jewellery
links of london
love links jewellery
love links
links bracelet
links bracelets
links bracelets london
links bracelets cheap
links bracelets for men
links charms
links charms sale
love links charms
links jewellery
links of london usa
links of london sale
links of london wholesale
links jewellery sale
links jewellery wholesale
tiffany co
tiffany and co
tiffany rings
tiffany jewelry
tiffany & co
tiffany jewellery
tiffany engagement rings
engagement rings
tiffany uk
tiffany ring
tiffany ring on sale
tiffany ring for sale
tiffany ring for men
ugg bailey boots Ugg Bailey Button Boots Ugg Bailey Button ugg button boots Ugg Bailey UGG Classic Cardy boots Cardy boots UGG Cardy boots UGG Cardy sale ugg classic short sale ugg short boots ugg classic short ugg classic tall Boots ugg tall ugg tall boots ugg classic tall mbt m.walk peachblow
mbt lami
colt brennan jerseys
authentic saints jersey
pink nfl jerseys
jet jerseys

cheap nfl jerseys are what

Submitted by erye on Wed, 01/27/2010 - 6:37am.

cheap nfl jerseys are what all NFL fans want, but only if they buy Chinese wholesale from experts like wholesale nfl jerseys can their sportswear dreams come bears jerseys,we are a dedicated trading company supply jersey shirts,products from our online store, free shipping and accept paypal! baseball jersey,The place to find the best cheap deals on authentic jersey.

GHD Hair Straightener and

Submitted by CHIStraightener on Wed, 01/27/2010 - 1:51am.

GHD Hair Straightener and CHI Flat Iron are all good choices. Cheap but high-quality chi hair iron is waiting for you.Only about several minutes, your hair will be the style you want.Try to find yourself a unit of cheap GHD Hair Styler or chi ceramic iron. Don't buy a cheap metal straightener if possible.How about your hair today? A good appearance can significantly affect your daily mood, confidence and the working efficiency.If you have a b desire to style your hair, ghd hair iron are a good choice. Hair straighteners have become an essential beauty item for many a female across the world in the last decade.If you want to be an unforgettable beauty,you should style your hair first.CHI Nano Ceramic is such beauty of modern that they can actually be used for almost any sort of hairstyle - from creating dead straight hair to giving your mop a vintage curl that will make heads turn.

This is the official

Submitted by hfahg on Mon, 01/25/2010 - 12:15pm.

This is the official homepage of mbt lami shoe. It is the first physiological footwear that has a positive effect on the whole body.mbt chapa shoe ,Free shipping and big discount.mbt for sale is the first physiological footwear that has a positive effect on the whole body.mbt shoes recreate a feeling of walking on a beach in the sand. They promote an uneven walking surface mbt m walk.

Adidas shoes are famous for

Submitted by icecream on Mon, 01/25/2010 - 11:36am.

Adidas shoes are famous for skillful manufacture and superior quality.From Adidas Originals to Adidas Superstar Shoes,it make people satisfactory.We also offer all kinds Nike Air Max:Air Max 2009,Air Max 1.Now,ugg boots on sale,the famous is ugg classic cardy boots and UGG bailey button

Introducing the

Submitted by gucci rain boots on Fri, 01/22/2010 - 2:23am.

Introducing the gucci rain boots, available with colorful knit uppers and detailed with three oversized puma shoes outlet allowing it to be styled buttoned up, prada online sale,At the same time, somebody may say, all of the mens nike dunk, the lacoste shoes is the best choice. Some online stores also sell.

Caroline Parkes - designer wedding dresses, London. For your Bridal Gown on your wedding day. If you are also looking for discount quinceanera dresses as well as cheap wedding dresses. and affordable wedding dresses, Beautiful designer bridal gowns and wedding dresses for your big day.

Nike Air max shoes Online

Submitted by younghappy on Thu, 01/14/2010 - 10:20am.

Nike Air max shoes Online Store, classic Air Max 2009, Nike Airmax 2009, nike 360, Airmax 2009, nike air 360 for sale, best quality and credit accept, fast and free delivery. Cheap Nike Air Max, Air Max 95, Air Max,On top of that, they feel great. Air Max 90, Nike Air Max 2003, Nike Air Max LTD, Nike Air Max 180, Nike Air Max 97, Nike Air Max running shoes, nike air max shoes, Airmax 90, Welcome to www.360gome.com.

Nike Air max shoes Online

Submitted by younghappy on Thu, 01/14/2010 - 10:20am.

mbt mbt trainers mbt

Submitted by lily0804 on Sun, 01/10/2010 - 6:19am.

mbt
mbt trainers
mbt schuhe
mbt sale shoes
mbt sale
mbt shoe
mbt shoes review
mbt shoes clearance
walking shoes
mbt walking shoes
mbt shoes uk
mbt reviews
mbt shoes
mbt shoes on sale
cheap mbt shoes
mbt shoes for sale
anti shoes
mbt anti shoes
Cheap Coach Shoes Cheap Nike Shoes Coach Handbags Coach Shoes Coach Mens Shoes Coach Womens Shoes Gucci Shoes coach shoes outlet coach outlet coach shoes sale gucci shoes men gucci shoes gucci shoes 2009 gucci women shoes Nike Air Max Shoes Nike Air Max TN Shoes Air Max 2009 Nike Air Max 90 Shoes Everything dynamic and very positively! UGG Boots Cheap UGG Boots UGG Boots Sale UGG Boot UGG Boots Cheap UGGs on Sale UGG Classic Boots UGG Classic Short UGG Classic Tall UGG Classic Tall Boots UGG Classic Short Boots UGG Classic Cardy UGG Cardy UGG Cardy Boots UGG Cardy Sale Cheap UGG Cardy UGG Bailey Button Boots UGG Bailey UGG Bailey Button Cheap Uggs

mp3 players computer

Submitted by wangjincong on Mon, 01/04/2010 - 1:42am.

mp3 players computer parts ipod accessories iPod Earphones nintendo wii games security devices spy camera video games accessories Hiphone computer accessories cheap digital picture frames mobile phone flashlights LED flashlights mp3 player sunglasses dr dre headphones monster headphones 8gb mp4 player mp3 sunglasses

mp3 mp4 players

Bluetooth Wireless Adapter GPS Car DVD Player

sandisk sd card

touch screen cell phone

Bluetooth Wireless Headset Sunglasses MP3 Player Apple iPod touch mp3 player

nba jerseys Los Angeles

Submitted by chenxiA1 on Sun, 01/03/2010 - 10:17pm.

nba jerseys Los Angeles Lakers nba jerseys New Oreans Hornets nba jerseys Orlando Magic nba jerseys Phoenix Suns nba jerseys SanAntonio Spurs nba jerseys Toronto Raptors nba jerseys Utah Jazz 2003 ALL STAR nba swingman jerseys 2008 Summer Olympics 2009 ALL STAR nba swingman jerseys Boston Celtics nba jerseys Chicago Bulls nba jerseys Cleveland Cavaliers nba jerseys Denvor Nuggets nba jerseys Detroit Pistons nba jerseys Houston Rockets nba jerseys Indiana Pacers nba jerseys Los Angeles Lakers nba jerseys Miami Heat nba jerseys New Oreans Hornets nba jerseys New York Knicks nba jerseys Orlando Magic nba jerseys Phoenix Suns nba jerseys Portland Trail Blazers nba jerseys Sacramento Kings nba jerseys SanAntonio Spurs nba jerseys Toronto Raptors nba jerseys Utah Jazz nba jerseys Washington Wizards nba jerseys nhl jerseys 2009 ALL STAR nhl jerseys Boston Bruins nhl jerseys Buffalo Sabres nhl jerseys Calgary Flames nhl jerseys Carolina Hurricanes nhl jerseys Chicago Blackhawks nhl jerseys Detroit Red Wings nhl jerseys Edmonton Oilers nhl jerseys Los Angeles Kings nhl jerseys Montreal canadiens nhl jerseys New Jersey Devils nhl jerseys New York Islands nhl jerseys New York Rangers NHL Woman Jerseys nhl jerseys Philadelphia Flyers nhl jerseys Phoenix Coyotes nhl jerseys Pittsburgh Penguins

Nice contribution.

Submitted by aiyamaya on Sun, 01/03/2010 - 1:25am.

Nice contribution. Thanks. cheap ugg boots Ugg ugg australia boots Ugg Boot Ugg Boots ugg boots on sale Ugg Boots Sale ugg on sale Ugg Sale Uggs bailey boots bailey button boots button boots Cardy boots Cardy boots sale classic short boots classic short boots sale classic tall boots Ugg Bailey ugg bailey boots Ugg Bailey Button Ugg Bailey Button Boots ugg button boots UGG Cardy UGG Cardy boots UGG Cardy sale UGG Classic Cardy boots UGG Classic Cardy sale ugg classic short ugg classic short sale ugg classic tall ugg classic short boots ugg classic tall Boots ugg classic tall sale ugg short boots ugg short boots sale ugg tall ugg tall boots ugg bailey black Ugg Bailey Button Chocolate Ugg Bailey Button sand ugg classic cardy boots grey ugg classic cardy cream UGG Classic Cardy grey ugg classic cardy oatmeal ugg classic short black ugg classic short grey ugg classic short metallic ugg classic short paisley UGG Classic Tall black ugg classic tall chestnut UGG Classic Tall chocolate UGG Classic Tall metallic UGG Classic Tall sand

www.jerseyfaves.com: lebron

Submitted by cheap mbt shoes on Sun, 01/03/2010 - 12:28am.

www.jerseyfaves.com: lebron james shoes nike lebron shoes lebron james shoes nike lebron shoes kobe bryant shoes nike air max 2009 kobe bryant shoes nike air max 2009 nike mens high dunk nike womens shox r4 air max 2009 nike lebron shoes nike mens high dunk nike womens shox r4 air max 2009 nike shox shoes shox shoes nike cheap dunks shoes Cheap ugg boots ugg boots nike lebron shoes MBT Lami nike shox shoes shox shoes nike mbt shoes mbt m.walk mbt shoes sale anti shoes mbt cheap dunks shoes Cheap ugg boots ugg boots nike lebron shoes MBT Lami www.nikedunk-store.com: nikedunk shoes nike sb dunk shoes men's nikedunk shoes women nike sb dunk shoes nike sb shoes men's nike shoes mbt shoes anti shoes mbt chapa GTX shoes mbt lami shoes mbt M.walk shoes mbt sport shoes men's mbt shoes women's mbt shoes men's high nike sb dunk shoes black mens high nike sb dunk shoes black nike dunk shoes men's nike sb dunk shoes sale nike high sb dunk shoes men's mid nike dunk sb shoes mid men's nike dunk shoes mid nike dunk shoes sale mid nikedunk on sale black mid nike dunk shoes men's nike mid dunk shoes women's high nike sb dunk shoes women's high dunk shoes women high nike dunk black women high nike dunk shoes women's low nike sb dunk shoes women's low nike duke shoes sale women dunk shoes women low nike sb dunk shoes mbt shoes mbt chapa shoes MBT Chapa GTX shoes mbt sport shoes mbt m.walk shoes women's mbt shoes men low nike sb dunk shoes men low nike shoes men's low nike shoes on sale www.my3gmobi.com: 3G phone 3G mobile phone my 3G mobile my 3G phone nokia phone bluetooth adapters bluetooth headsets bluetooth car kit car accessory car alarm/security car dvd player car mp3/mp4 player cell phone mobile phone Nokia mobile phone TV phones Nokia N96 Nokia N73 MP3/MP4/MP5 players Wholesale MP4 Player

Ugg Classic Tall Boots Ugg

Submitted by 1uggclassic on Tue, 12/29/2009 - 10:40am.

Ugg Classic Tall Boots Ugg Classic Cardy Boots Ugg Boots Classic Cardy Ugg Classic Cardy Ugg Classic Short Boots Ugg Classic Mini Boots Ugg Classic Mini Classic Mini Ugg Boots

With the rapid development

Submitted by uggbootshuang on Wed, 12/23/2009 - 12:20pm.

With the rapid development of electrical technology, it is common for everyone to own a Cell Phones/Mobiles.Among the mass brand Cell Phones, these Mobile Phones such as China Brand Phones, Dual Band Phones, Nokia Mobile Phones, Quad Band Phones and Tri Band Phones are the best choice to be your Cell Phone Accessories collection.