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See the second chart at http://www.joefrocks.com/GoldStockCharts.html I see no other interpretation than the one on the chart which indicates that HUI/NEM/XAU are in a Wave 5 long term upcycle since 5-10-04, which is the last Wave of the first cyclical Bull Market of the secular Bull Market/Very...

studyandtrade, I have a system called "Trade the Cycles" that uses buy/sell signals based upon cycle trendlines breaking down or up, NOT predicting. Yesterday a 2% minor int term cycle sell signal occurred for HUI, NEM, and the XAU, which means that, IF you're trading minor intermediate...

HUI, NEM, and the XAU began Elliot Wave 4 down early on Tuesday, for the major upcycle since 5-16-05.

HUI, NEM, and the XAU should soon begin Elliot Wave 4 down for the major upcycle since 5-16-05. There should be a 15-20% correction = Elliot Wave 4 down which is severe. HUI/XAU's minor int term cycle lows on 10-20-05 were probably Elliot Wave 3 cycle lows at which point Elliot Wave 3 began and...

Look at NEM's major upcycle (since 5-16-05) rising bottoms uptrend line the past 6 months and it could drop below 50 to the 46-48 range.

As I said, an Elliot Wave 4 down for the major upcycle since 5-16-05 (for the stocks) is about to begin (there was more upside today) and gold will also have a substantial correction the next few weeks, then I expect a very strong rally/Elliot Wave 5 culminating in long term cycle highs later...

Elliot Wave is secondary to cycle channels/trendlines, but is very useful because it provides a likely cycle structure. Looking at HUI, NEM, and the XAU's major int term upcycle since 5-16-05, they appear to be putting in Wave 3 right now which, if true, points to a substantial and potentially...

You have to use cycle trendlines in order to consistently (key word) time any market. They are the primary market timing consideration.

Why did it disappear from the list?

????

As I said, an Elliot Wave 4 down for the major upcycle since 5-16-05 (for the stocks) is about to begin (there was more upside today) and gold will also have a substantial correction the next few weeks, then I expect a very strong rally/Elliot Wave 5 culminating in long term cycle highs later...

Federal Reserve Bank Credit: http://www.federalreserve.gov/releases/h41/Current/ It plunged last week which should result in a stock market plunge soon. See http://news.goldseek.com/JoeFRocks/1136760562.php for backtesting. Also, check out the selling in NEM the past week...

As I said, an Elliot Wave 4 down for the major upcycle since 5-16-05 (for the stocks) is about to begin (there was more upside today) and gold will also have a substantial correction the next few weeks, then I expect a very strong rally/Elliot Wave 5 culminating in long term cycle highs later...

HUI, NEM, XAU peaked in December 2003/January 2004. Gold peaked in April 2004. HUI, NEM, XAU peaked in Nov 2004 and gold peaked in December 2004. HUI, NEM, XAU bottomed in late 2000 and gold bottomed in April 2001. At important/major cycle highs/lows gold lags.

Gold lags/follows gold stocks.

A substantial correction (major upcycle's EW Wave 4 down) within a major upcycle for HUI, NEM, and the XAU. Look at the charts and it's pretty obvious it's time to correct.

HUI, NEM, and the XAU appear to have put in Elliot Wave 3 minor intermediate term cycle highs this week for the major intermediate term upcycle that began on 5-16-05. Federal Reserve Bank Credit fell by a very large -$16.920 Billion the week ending 1-11-06, which should lead to a very sharp...

Unless you understand what a market's cycle trendlines/channels are you can't consistently (key word) time it. For example, HUI, NEM, and the XAU have been in a very long term upcycle since late 2000, a long term upcycle since May 10, 2004, and a major intermediate term upcycle since May 16...

The precious metals lag PM stocks so I don't worry much about them as far as the big picture is concerned.

You have to understand cycles. There's been an uptrend (rising bottoms) that my system calls a long term upcycle since May 10, 2004 for HUI, NEM, and the XAU. According to the nature of cycles this should now be the parabolic/sharply rising phase of the long term upcycle since May 16 2005's...