Trade the Cycles

Friday, April 28, 2006

The NEM Lead Indicator = -1.10% Vs The XAU Today

So, a sharp decline in HUI/NEM/XAU is likely on Monday. Fed Credit fell -$3.555 Billion in the WE 4-26 which portends a sharp decline: http://www.federalreserve.gov/releases/h41/Current/ See 5 day chart for this week's action: http://finance.yahoo.com/q/ta?s=%5EXAU&t=5d&l=off&z=l&q=c&p=&a=m26-12-9,p12,fs,w14&c= . ....... http://www.JoeFRocks.com/

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