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Message #2
From: Joe Ferrazzano
Date: January 19, 2006 05:22:52 PM

HUI, NEM, and the XAU Began Elliot Wave 4 Down of Their Major Upcycle Early On Tuesday

HUI, NEM, and the XAU began Elliot Wave 4 down of their major upcycle (since 5-16-05) early on Tuesday. Yesterday a 2% minor int term cycle sell signal occurred. Elliot Wave 4 down of the major upcycle should do a down, up, down Elliot Wave A, B, C minor int term downcycle comprised of 2 short term downcycles and 1 short term upcycle. This is still the minor int term downcycle's Wave A short term downcycle.

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