|Dan & Wade et al,|
I see that I have missed nearly a month and I'm missing one week's data for the GMI/POG ratio. Sorry. Our drought ended a early in the Month and it was followed with a very bad storm. So I went from spending a lot of time trying to keep our shrubs alive to trying to fix leaks in the roof. My lesson is to never again hire people because you feel sorry for them. In any event, I haven't had time lately to really absorb potentially interesting info in Barron's so I will get on with posting the data I have on the GMI.
The GMI/POG ratio:
On 10/6, the Barron's GMI was 745.40 down significantly from the previous week's 781.95. With the POG also down but only slightly at 472.70 (10/7), the ratio was down at 1.58.
Data for the follow week is not available.
On 10/20, the Barron's GMI was 708.71 down significantly from the two weeks prior 745.40. With the POG also down at 462.85 (10/21), the ratio was down at 1.53.
On 10/27, the Barron's GMI was 743.98 up significantly from the two weeks prior 708.71. With the POG also up at 470.75 (10/28), the ratio was up at 1.58.
I observed in my last post that I can't access the website with the data on the meaning of the ratio. It may have been shut down. If we can't access it, it is not clear to me that continuing to post the ratio is worth while. I can't seem to find the time to put the data into a spread sheet; so that we could build our own model. In any event, I will continue to post the ratio bit for a few more weeks.
The ratio a year ago was 1.52, almost as high as today.