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Invest Yourself

The FREE Investment Newsletter That Really Works!

5.31.2017 - Free Investment Newsletter Bookmark

The Double Whammy
 
It’s quite hard to write a “financial” letter 2 times a week for almost 25 years and not go over some of the same things.   Knowing that I try my best to change it up as often as I can, so repetition doesn’t bore you and I to tears.
 
However, there’s something that I’ve written about before that I think needs not only closer inspection, but a real hard “think” about the ramifications.  So let’s get started with the first part of the double whammy...

12.29.2016 Bookmark

12.29.2016

NOTE>  If you go to Investyourself.com you might see a warning that the security certificate has expired or isn't yet valid, and that you probably shouldn't continue to use the site.  There's NO  attempt to "fool you" or do anything silly.  Our SSL certificate was scheduled to expire on the 28th. So back on Friday, I went through the steps to renew it. Well, I guess because of the Holiday, it still hasn't been renewed, however they were QUITE fast to charge my credit card. 

Another NOTE>>> we do NOT store any credit card info on our site. None. Nada. Zip.  When someone signs up for the Insiders club, the form you fill out is actually hosted by Authorize.net, the biggest card processor in the world. We implemented that 15 years ago, because I never ever wanted  the problem of getting hacked and being responsible for people's cards being compromised. No thanks.

2.4.2015 Financial Intelligence Report Bookmark

Oil and the Big Save

Please don’t take this the wrong way folks, but it has to be said. On Sunday I laid out the numbers that we had to hold, or we very well could have been facing a serious market decline. I titled the letter “Crash alert – High”  I  was NOT predicting a crash in that letter. I was saying that we had very important technical levels that had to hold or we could then see a much deeper correction.  A lot of folks evidently didn’t pay attention to that part. All they saw was “crash” not the levels that needed to break to create one.

On Monday the market fell right down to those levels. Then it chopped around for hours as the “fight was on” between shorts and longs. We had fallen 120, then bounced for 100 then went red again by 40.  The day was very “up in the air” as to where it was going to go. But very late in the session, the FT put out a headline that the Greeks had changed their tune and weren’t lobbying for total debt relief, and willing to work out a repayment schedule. That was the “hot button” the market needed to blast higher off those numbers.

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