stone:
Neither Hoye nor Barbera say that we have reached the bottom now.
Hoye seems to think we may get a bottom around Oct 27, followed by a relief rally followed by more downside. We are in a secular bear market. Some call it the mother of all bear markets. Nobody knows where the bottom will ultimately rest.
http://www.321gold.com/editorials/ho...
http://globaleconomicanalysis.blogsp...