.......A Brutal Decline Is Likely For HUI/NEM/XAU
The very bearish NEM Lead Indicator at -15.02% the past eleven weeks and three days points to a brutal decline, similar to the one that occurred from 5-11-06 until 6-13-06 for HUI/NEM/XAU, see the one year NEM Lead Indicator chart: http://finance.yahoo.com/q/ta?s=%5EXAU&t=1y&l=off&z=m&q=l&p=&a=&c=%5Ehui,nem. Wave A down of the XAU's Cyclical Bear Market since 5-11-06 is likely to bottom in the 100-110 range in the next few weeks. ....... http://www.JoeFRocks.com/.
HUI NEM XAU
HUI NEM XAU