Trade the Cycles

Thursday, August 10, 2006

Yesterday's 1% Short Term Cycle Buy Signals Failed

Because HUI and the XAU just made slightly lower lows than those that occurred late on Tuesday (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=). I'm definitely going to stay on the sidelines for now and will probably be looking to trade short/buy put options in the near future. ....... http://www.JoeFRocks.com/