NEM Lead Indicator = Bearish -0.73% Versus The XAU Today

The NEM Lead Indicator was a very bearish -1.41% versus the XAU yesterday. I expect Wave A down of the Wave 2 Cyclical Bear Market (since 5-11-06 for HUI/XAU and since 1-31-06 for reliable lead indicator NEM) to bottom in the 100-110 range (XAU) in the next few weeks. The prior eight weeks the NEM Lead Indicator was a very bearish -8.18% vs the XAU, and, so far this week it's -2.09% vs the XAU, for a total of -10.27% vs the XAU the past eight weeks and three days. For recent action see http://finance.yahoo.com/q/ta?s=%5Exau&t=5d&l=off&z=l&q=b&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c=. ....... http://www.JoeFRocks.com/