The One Year NEM Lead Indicator is Extremely Bearish for the Precious Metals and Rare Earth Resource Sectors, see http://finance.yahoo.com/q/ta?s=GDXJ&t=1y&l=off&z=l&q=c&p=v&a=fs,fs,fs,w14&c=nem,remx,slv.
For the foreseeable future I'll probably be looking to trade (day trading and maybe also short term trading) Silver UltraShort using the ZSL ETF (UltraShort Basic Materials ETF SMN is another possibility). Once the rare earth stocks like MCP, REE, AVL, SHZ, CHGS, etc put in an Intermediate Term Cycle Low my main focus will probably be to day trade and short term trade them.
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