Hi Hal, and everyone!
Just had to check in and say hi, and comment on this article by Bob Hoye...
Hope everyone is well.... I am in Petrozavodsk, Russia currently visiting Elena and her family in the middle of a Siberian winter...lol! Having a great time actually! I'm on a Russian bi-lingual computer....(здравствуйте!) Pronounced Zdrahst-vwee-t'yeh....which means 'hello'....
Anyways...This analysis and chart by Mr. Hoye is just about THE BEST long-term analysis I have seen to date! A very good and interesting read! And what a great long-term chart!! BTW I feel this market is behaving like 1 of those instances where he describes the market as NOT correcting...not much anyways...looks and feels similar to around 1978 on his chart....to me anyways...I have been expecting a correction but I think it would have started by now (early Jan.) if it was going to happen...I think I mentioned this in one of my last posts before my trip...so I am glad (so far anyways) that I declined another attempt at an option 'strangle' as we might just consolidate sideways for a bit longer...
Anyways it Sure is beautifull in the winter here during Christmas...which is celebrated on the 7th of Jan. so I got to experience 2 Christmases!! (I arrived on the 3rd)
Anyways, all the Christmas lights reflecting off of the snow and ice is really an incredible winter wonderland...and I am fortunate as it is not really that cold right now....
Enough for now, I will show some pics later to show the extreme difference in climate here between July and January...LOL...
Cheers!! 'Da-svee-dahn-ee-ya' (До свндання)
