Short Term Cycle High Today And HUI Triple Top

A short term cycle high probably occurred today for HUI/XAU (yesterday for reliable lead indicator NEM), see http://finance.yahoo.com/q/ta?s=%5EHUI&t=5d&l=off&z=l&q=b&p=&a=m26-12-9,p12,fs,w14&c=. Also, HUI appears to have put in a triple top today at 354.86 versus 353.50 on 7-12 and 354.16 on 8-23. The XAU put in a perfect double top at 150.70 on 7-12 and 8-23 2006 .

The next few weeks are likely to be brutal because the Cyclical Bear's (since 5-11-06 for HUI/XAU and since 1-31-06 for reliable lead indicator NEM) Wave A down probably entered the parabolic Wave C down after today's likely HUI triple top occurred. ....... http://www.JoeFRocks.com/