Listen to interview 3rd posting from bottom. (you can scroll ahead on the playbar until he comes on the radio show).
Bob Hoye says the same things are being said now that were being said in 1930 as to the stimulus working etc. and as we know the low then came in later in 1932. This is the man that has been totally right about this bear market, well worth listening to.
http://moneytalks.ne...m...3&Itemid=67
Bob Hoye - Bear Market to Resume
Started by
Russ
, Jul 26 2009 03:20 AM
8 replies to this topic
#1
Russ
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Posted 26 July 2009 - 03:20 AM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#2
Russ
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Posted 26 July 2009 - 03:36 AM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#3
CallMeIshmael
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Posted 26 July 2009 - 07:19 AM
Excellent! Thanx.Listen to interview 3rd posting from bottom. (you can scroll ahead on the playbar until he comes on the radio show).
Bob Hoye says the same things are being said now that were being said in 1930 as to the stimulus working etc. and as we know the low then came in later in 1932. This is the man that has been totally right about this bear market, well worth listening to.
http://moneytalks.ne...m...3&Itemid=67
#4
CallMeIshmael
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Posted 26 July 2009 - 07:33 AM
Another good one. Thanx again.more current interview too...
http://www.howestree...ediaplayer/1300
#5
inamosa
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Posted 26 July 2009 - 11:27 AM
I've been a fan of his for a while
We have two alternatives here, IMHO
Either he is right or we are starting a cyclical bull right now
We should know before the end of the year is out which is correct
If it is a cyclical bull, I don't think it will last past late 2010, early 2011
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
#6
skott
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Posted 26 July 2009 - 12:51 PM
He was also saying the same things 8 weeks ago. I have a sub and have been very dissapointed in him. It is very expensive and he is wishy/washy. Sometimes it is impossible to understand whether he is saying you should be long or short
#7
skott
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Posted 26 July 2009 - 10:34 PM
I listened to his interview where he said the July 9th Pivotal Events update basically said to cover. No such thing. He has lost alot of cred in my eyes. He did the same thing with gold stock move. Full of it. My advice don't pay up for his service
#8
inamosa
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Posted 26 July 2009 - 10:54 PM
I agree on the June 9th cover thing...last I heard, he was short
He did admit, though, that he didn't expect the early June top to be taken out and that he was wrong about that
FWIW, I'm not a subscriber of Hoye...but I do listen to his interviews and read his articles online
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
#9
skott
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Posted 26 July 2009 - 11:11 PM
notice how in the interview he said "basically, I said to cover" these newsletter writers have a lot of practice covering their {bleeeep}.
