Has "The Great Convergence" started, which will reverse some of "The Great Divergence" between the S&P Index and the Gold Miners?

With yesterday's high volume, key-downside reversal in the SPDR S&P 500 (SPY), juxtaposed against yesterday's positive performance by the Market Vectors Gold Miners ETF (GDX), coupled with their respective-directionally powerful-daily momentum (RSI) patterns, evidence is mounting that a period of relative performance has commenced for the GDX.

But while relative performance is one thing, to get any real traction on the upside, the GDX must hurdle and sustain above 31.00/30.

In the meantime, my work argues that while the SPY ratchets to the downside in a corrective period, the GDX will build a significant bottom, ahead of a thrust into a recovery, bull phase.

Here's a look at the CEOs that received the biggest raises and the biggest pay cuts in 2012 compared with 2011, as calculated by the executive pay research firm Equilar and The Associated Press.