No he is not perfect , but he has nailed the bigger themes so far, what I like about him is that he is not driven by idiology, He uses a nice mix of market history and technical analysis, but extreme moves are going to catch everyone out, most analysts that I was looking out were calling for a bounce in oil at $100, but given that even by Bob's analysis this would have been a counter trend move, had no interest in buying it.

as far as I see it now for Hoyes analysis to be wrong going forward, Prechter would have to be right and to be honest at times Prechter would have problems calling a sun rise, the only other way Hoyes analysis will be wrong is if we slip back into JP's general outlook which is fine by me because either will be bullish for gold stocks.

The way I see it now gold and gold stocks are the only asset class that will do well in 90% of all possible scanarios going forward, if you think energy , silver or base metals are a good buy now you have reduced your odds to 50% imho, why take the risk?