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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (25845)	12/22/2003 9:28:12 AM
From: jrhana	Read Replies (2) \| Respond to of 39344

Could the optimists be correct about real estate? cbs.marketwatch.com{89A96CA5-36AD-41A4-B89A-0D4DB24BE110}&siteid=mktw&dist=nwhreal&archive=true I have no idea, but I do believe nothing is written in stone. Interestingly I am the most pessimistic person I know about real estate-I am constantly arguing about this.

To: jrhana who wrote (25845)	12/22/2003 9:58:17 AM
From: austrieconomist	Respond to 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.