Trade the Cycles

Wednesday, August 23, 2006

This Downside Gap Filling Action Is A Very Short Term Downcycle

I'll be looking to go short and buy XAU puts during the very short term upcycle that'll follow this gap filling very short term downcycle. The subsequent very short term upcycle will probably peak tomorrow or possibly early Friday. The XAU filled today's downside gap at 148.25 and NEM will probably fill it's downside gap at 52.74 very late today or early tomorrow. ....... http://www.JoeFRocks.com/