..............You Might Want To Get WITM.OB

WITM.OB (WITS BASIN PRECIOUS MINERALS), see http://stockcharts.com/charts/gallery.html?witm, appears to have just entered a Cyclical Bull Market this week on Tuesday 5-20, after falling nearly -90% in the Cyclical Bear Market, putting in a bullish slightly lower double bottom cycle low at 0.145 on 5-20 versus 0.150 in November 2007.

WITM.OB needs to clearly break (5% follow through major buy signal) the Cyclical Bear Market downtrend line (connected to recent cycle high at 0.33) before Trade the Cycles will indicate that it very likely entered a Cyclical Bull Market this week/on 5-20.

I personally will wait for WITM.OB to clearly hit a major buy signal on strong volume before thinking about trading it long, given how bearish the gold sector is likely to be for a while, see http://tradethecycles.blogspot.com/2008/05/latest-gold-cot-commitments-of-traders.html.

Also, WITM.OB apparently has a cash crunch, see http://biz.yahoo.com/e/080521/witm.ob8-k.html, so, maybe one should avoid this stock altogether. Do your due diligence as one should always do.

.......http://www.JoeFROCKS.com/ .