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Gold/Mining/Energy : Precious and Base Metal Investing
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To: jrhana who wrote (25845)12/22/2003 9:58:17 AM
From: austrieconomist   of 39344
 
Hussman interpretation, and this is just one person's guess, is that market measures becoming increasingly "hot" are those factors that he measures (interest rate differentials, market pricing divergences, volume measures) that are becoming increasingly volatile and thus susceptible to sudden change but, as measured, they don't signify a shift in the Market Climate he identifies to a 100% defensive position. Hussman deliberately hides those measures that he monitors-- because of his demonstrated track record I am willing to accept his conclusions.
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