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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: chainik who wrote (45607)	11/15/2005 10:39:20 PM
From: mishedlo	Read Replies (1) \| Respond to of 110194

HSGFX is down about 3% during the last few weeks; SOX is up about 10% from the bottom. His timing this year was bad. HSGFX is down because of a dividend distribution. His timing was bad but his reasons are valid and as I said he never professed to be a short term timer anyway. stockcharts.com[w,a]waclyyay[pc50!c200][vc60][iUd20!La12,26,9]&pref=G Seems to me his track record is pretty gamn good. Got a better one with less volatility managing as much money as he does? If so show it. That is a damn good chart and gains do not reflect dividends. PS I defned the guy because I like him and his analysis. I have no positions in either of his funds and we even disagree pretty strongly about treasuries. Mish

To: chainik who wrote (45607)	11/15/2005 10:41:54 PM
From: ild	Read Replies (3) \| Respond to of 110194

I don't have Hussman funds at the moment, but I like this chart finance.yahoo.com Why did you compare to SOX anyway? What is SOX? Some small, obscure index, not even capitalization weighted. Why don't you compare to XLE for instance? Hussman beat XLE in the last three months. finance.yahoo.com I personally placed many friends into Hussman funds. The main reason is that he won't lose much money. EDIT. First chart doesn't reflect big distributions Hussman Fund made each year.

To: chainik who wrote (45607)	11/16/2005 9:20:46 AM
From: Rarebird	Read Replies (1) \| Respond to of 110194

>>His timing this year was bad.>> The high for Hussman's Strategic Growth Fund, HSGFX is 16.44. Currently, the fund is trading at $16.17. That is not a 3% drop. Hussman's stock selection is mediocre. That is partly what hurts returns. The other factor which tremendously limits upside for HSGFX in an up market is that the fund continues to remain fully hedged. Hussman expects valuations to eventually return to historical norms. I think he is wrong there. No way will the S@P trade at 6-8 times earnings again in my lifetime, like at the Bear Market low in the summer of 1982.