Gold/Silver Stock Rally Coincided With The S & P 500's
The short term upcycle since last Tuesday 8-29 coincided with the S & P 500's, see http://finance.yahoo.com/q/ta?t=5d&s=%5EHUI&l=off&z=l&q=c&a=m26-12-9&a=p12&a=fs&a=w14&c=&c=%5EGSPC. The S & P 500 (SPX) drives index fund trading, which is a huge factor that most are unaware of. Since gold/silver stocks are likely to experience a dramatic decline in the next few weeks (in which Wave A of HUI/XAU's Cyclical Bear Market since 5-11-06 bottoms), this means that SPX will (probably must) also experience a substantial decline. Reliable lead indicator NEM has been in a Cyclical Bear Market since 1-31-06. ....... http://www.JoeFRocks.com/