.......................Dig Those Volatility Spikes Yall!

Tuesday 2-7's huge 7-8% declines in HUI/NEM/XAU as well as the huge volatility spike so far in the Wave C short term downcycle that began early last Thursday portend substantial strength in the major upcycle's (since 5-16-05) Elliot Wave 5 ONCE the Wave 4 minor int term downcycle bottoms, which might not be until HUI hits 240-250, NEM 47ish and the XAU 112ish. The primary considerations right now are the Wave 4 minor int term downcycle since 1-31-06 and Wave 4's Wave C short term downcycle since 2-9-06, which is the parabolic/sharply declining part of Wave 4, so don't even think about trading long unless maybe you're a super daredevil and try a very quick day trade, but you really shouldn't be trading long at all right now. See http://www.joefrocks.com/TradetheCycles.html for the weekly update. Scroll down a few pages past the major averages work to see the gold/silver stock work. See http://www.joefrocks.com/GoldStockCharts.html for all the charts. My home page is http://www.JoeFRocks.com/ I hope you'll take the time to e mail your friends re this Blog and my site/work/system. This will help to keep my work free, because the more visitors I get the more advertising $ I make. I have a long way to go but have made significant progress in recent months. Thank you.