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


To: mishedlo who wrote (49296)1/9/2006 8:35:16 PM
From: chainik  Read Replies (1) | Respond to of 110194
 
>A chart of HSGFX is as steady as a rock.
It handily beat the indices last year yet you complain about it<

The chart is nice, but I didn't complain about it.

<he would have bought that dip if the internals were better>

Here I disagree with you. At the bottom internals are always bad. If I remember correctly, back in 2003 Hussman bought in May, when the first wave from the bottom was largely over.

No need to defend Hussman, the chart of HSGFX speaks for itself. I just don't like this style, and I think I can do better.

One practical point: if Hussman goes long in a few weeks (and I suspect he will), it may be a good idea to pay attention. Actually, since he reports his moves with some delay, he might be long already. In this case, daily movements of HSGFX should show correlation with the market.