Trade the Cycles

Wednesday, September 06, 2006

A Brutal Decline Is Probably Imminent For HUI/NEM/XAU

The very bearish NEM Lead Indicator at -14.19% the past eleven weeks and one day points to an imminent brutal decline, similar to the one that occurred from 5-11-06 until 6-13-06, 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/.