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


To: Rarebird who wrote (72120)10/16/2006 10:48:37 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
(Yes, I know, Hussmann will still be 75% hedged). And it's hard to pinpoint the exact top for that very reason: manias will go well beyond any normal bound of rationality.

Hussman is removing 1-2% of his hedges but from a psychology standpoint how many are removing them all just because hussman is removing a tiny portion?

Mish