Thursday, January 7, 2010

GDX vs DIA

I'm always monitoring the performance of the Dow relative to gold, as well as the performance of gold mining stocks relative to gold, but you know, I rarely examine the performance of gold mining stocks relative to a broad market benchmark like the Dow. so I present to you a chart of GDX (mining ETF) relative to DIA (Dow Industrials ETF).



hard to say, but there seems to be a little resistance in the .525 area.