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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Mr.Creosote who wrote (44806)11/7/2005 12:25:11 AM
From: ild  Read Replies (3) of 110194
 
Mr.Creosote, following your logic the market will never go down.

This is what Hussman thinks:

My impression is that Wall Street's expectations for year-end strength in the stock market have, to date, been self-fulfilling prophesies that have actually produced short-term strength in the market. At the same time, it's likely that those expectations are now so widely accepted that the hope for future market strength is probably already reflected in current prices. In short, with so many investors and analysts foreseeing a year-end advance, there's at least an even chance that we've already seen it.

hussmanfunds.com
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