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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (4957)10/15/2009 8:48:25 AM
From: Boca_PETE  Respond to of 10065
 
Yes - He's been an excellent contrary indicator.

P



To: Investor2 who wrote (4957)10/15/2009 11:54:29 AM
From: stock bull  Read Replies (1) | Respond to of 10065
 
Goes to show you. The best course of action for an investor is to not use these advisors. Be your own advisor.

Stock Bull



To: Investor2 who wrote (4957)10/15/2009 3:27:29 PM
From: DD™  Respond to of 10065
 
I agrew with Boca_PETE....Sy's been an excellent "fade" this year!

DD™



To: Investor2 who wrote (4957)10/19/2009 4:48:38 AM
From: DD™  Read Replies (2) | Respond to of 10065
 
Very interesting observations/commentary from John P. Hussman, Ph.D., in his Weekly Market Comment...

Excerpt...

"In reviewing the status of the market late last week, the condition of the data was something of an anomaly in that regard. On the valuation front, stocks are presently overvalued, but to levels that we've observed at least several times in history. The anomaly relates to market action, where we can no longer find a single historical instance where stocks were more overbought on the combination of short- and intermediate-term measures we respond to most strongly. Indeed, only one instance comes close, which is November 28, 1980.

As it happened, however, November 28, 1980 was the peak of the furious advance in S&P 500 driven by enthusiasm over "less bad" economic news, though with little proven economic strength. It was the last day of the 1980 bull market. The economy later proved to have been in a short lull within a double-dip recession, taking stocks to their final lows in 1982. "

:

hussmanfunds.com

DD™