Stone:

I appreciate your conumdrum because I am struggling with the same problem myself right now. If I decide to move back in, I'll move into a gold share ETF so that I can get in and out very quickly.

I had a subscription with Bob Hoye for four years and finally decided to quit. Found him very good at calling long term trends. And if you study what he says very carefully you will find he gives you the tools to decide for yourself when the HUI and Gold peak. Once you have the tools, you can look after your own needs. But you need a subscription to Stockcharts to apply these tools. Hoye in my view is one of the best, perhaps the best, in his understanding of market fundamentals and the cost of his subscription reflects this. He appears on Howe Street almost weekly and is very generous sharing his views of the market with listener for free. So, I decided to save my money for his rather high priced newsletter. What I found is that he is not good at advising his subscribers of the ACTUAL TIME when to buy and sell. A time difference of one or two weeks can make a substantial difference to your portfolio. So, you are still at risk with him timewise.

Barbera is a nervous nelly. Even so, I have the highest regard for his lack of hesitation to move in or out of the market at the drop of a hat depending on existing market risk. Have learned to respect his judgement. His strategy sometimes worked in my favour and sometimes not. Presently I am substantially in cash on his advice but may soon go against his advice. I find he is a very good stock picker and rely on his selection and Dave Morgan's in that regard.

Barbera is not the only one advising his subscribers to raise cash now. McHugh from Technical Indicators who uses the Elliott Wave theory also advises his clients to raise cash now. And to keep subscribers confused he says that the HUI is in a multi week, perhaps multi month, uptrend. McHugh is good at giving you the VERY BIG PICTURE and some of his insights are prescient and very useful. He provides updates on a daily basis and gives subscribers the projected Fibonacci dates when market turns are likely to occur. Reading his daily updates I came to appreciate how difficult it is for market timers to say with authority today is the day to buy or sell.

We are living in extraordinary days and the market reflects this. All my antennas are up and working overtime ready to pick up cues from very unexpected sources. In this regard here is an interview with Cliff High on Journeys with Rebecca on some of the changes that my be coming our way soon. His view is not to trade gold and gold shares.

http://journeyswithrebecca.com/audio...

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