Hint 2/9/2007  Look for Rallies from the "Sweet Spot". This is the zone between the rising (pink) 149-day/30 wk ma and the rising (black) 200-day ma.  Short-sellers will typically cover their short sales in this area.  And traders will watch for reversals in this area.  When there is a reversal, where the stock closes near the high for the day in this zone, they can often buy the stock and hold it for a retracement of half of the previous decline or a rally back up to the falling 50-day ma. In the case of NEM, we see it is approaching this sweet spot zone that I have marked in pink.