Trade the Cycles

Tuesday, January 03, 2006

.......................Romp .............Romp............Romp!

SPX reversed course again and spiked up leading to further upside by HUI, NEM (in SPX), and the XAU due to index funds buying their gold/silver stock components. NEM is outperforming the XAU right now so further upside is likely. This action clearly jives with the long term upcycle since 5-10-04 being near it's point of maximum strength. NEM is still going up! Testing 57. Buckle up!

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