HUI Elliot Wave 12345 Upcycle Since Late Yesterday

HUI has done an Elliot Wave 12345 upcycle since late yesterday, see http://finance.yahoo.com/q/ta?s=%5EHUI&t=5d&l=off&z=l&q=c&p=&a=m26-12-9,p12,fs,w14&c=, so, weakness should soon set in. Watch reliable lead indicator NEM, when it dives the gold/silver stock market will dive.

The gold/silver stock market (HUI/XAU) has been in a Wave 2 Cyclical Bear Market since 5-11-06 and reliable lead indicator NEM has been in a Wave 2 Cyclical Bear Market since 1-31-06, see http://www.joefrocks.com/GoldStockCharts.html. ....... http://www.JoeFRocks.com/

HUI NEM XAU