Got More Strength Thanks To Massive Punch Spiking

NEM just took out yesterday's cycle high by 4 cents so far, so Wave C's Wave C will probably begin today. Without the massive Fed lending the past two days ( http://www.newyorkfed.org/markets/omo/dmm/temp.cfm ) there wouldn't have been nearly this much strength, and even this strength should quickly fade, similar to what happened yesterday, when NEM fell from 56.36 to 54.55ish very quickly. Note that the very bullish NEM Lead Indicator at +1.80% vs the XAU yesterday correctly pointed to strength today. http://www.JoeFRocks.com/