A Bounce IS Due?
Posted by commoditywatch on November 15th, 2008
Bob Hoye of Institutional Advisors.
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November 15th, 2008 at 6:32 pm
Thanks to Bob and Dominic for a great interview. I always appreciate Bob’s perspective which is always full of historical insights that most advisers lack. He has confirmed what I discovered independently, that a technical formation on the U.S. dollar appears now to be complete and its coming decline should send PM stocks rocketing. See this post for more details. Locked and loaded, let’s get ready to rock!
http://clearstation.etrade.com/cgi-bin/bbs?post_id=8876054
November 17th, 2008 at 11:19 pm
well. after todays drop down to 850 on S&P i’m alittle worried about Bob’s bounce theory. GSG and gold miners took a hit as well. do we break down from here?
November 30th, 2008 at 9:45 pm
Hoye is my books is not a true source, but the addage i put to him is
“nobody knows what you think they do.” and Hoye does not know.
He is just taking his ideas from others via subscriptions…
I would rather listen to a few other true sources.
Hoye gives wonderful lessons but not for making money. At his age he should be like Buffet…but he’s not..that the lesson you should take.
HOw about a price and time lesson on gold, s&P, potash, silver…not I expect a bounce or silver is better than gold.
50% rule is all you need. As long as ES and YM is below 1177 ( 1170-1177) and 10700-10725 on YM…its down. Simple.
April 2009 is important time….DO YOU KNOW THE DATE…I DO and I took it from a real true source.
50% and PI…figure it out.