...........Strong NEM Sell Interest Again Today
at Lycos Thomson I Watch: http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?t=NEM&range=7&mgp=0&i=3&hdate=&x=9&y=1
It's been this way for (probably) over a month, with the sell interest intensifying the past two weeks. Combine this with substantial insider selling at NEM recently(http://finance.yahoo.com/q/it?s=nem), a very bearish NEM Lead Indicator last week at -5.09% vs the XAU and has been very bearish for months (http://finance.yahoo.com/q/ta?s=%5EXAU&t=3m&l=on&z=m&q=l&p=&a=&c=%5Ehui,nem), and, with the US Dollar due to rebound sharply, it adds up to a likely 15-20% decline in HUI/NEM/XAU over the next few weeks. ....... http://www.JoeFRocks.com/
It's been this way for (probably) over a month, with the sell interest intensifying the past two weeks. Combine this with substantial insider selling at NEM recently(http://finance.yahoo.com/q/it?s=nem), a very bearish NEM Lead Indicator last week at -5.09% vs the XAU and has been very bearish for months (http://finance.yahoo.com/q/ta?s=%5EXAU&t=3m&l=on&z=m&q=l&p=&a=&c=%5Ehui,nem), and, with the US Dollar due to rebound sharply, it adds up to a likely 15-20% decline in HUI/NEM/XAU over the next few weeks. ....... http://www.JoeFRocks.com/
posted by Joe Ferrazzano at
9:49 AM
