Trade the Cycles

Wednesday, May 17, 2006

.......The NEM Lead Indicator = +0.63% Today

So, the monthly downcycle's Wave A short term downcycle may have bottomed today: http://finance.yahoo.com/q/ta?s=%5Exau&t=5d&l=off&z=l&q=c&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c= . Index fund selling hurt gold/silver stocks today, since the S & P 500 (SPX) was down -21.77 points. The Fed always seems to spike the punch on Thursday, which should help tomorrow. ....... http://www.JoeFRocks.com/