Ready for a -3% single day drop?
https://www.hussmanfunds.com/comment/observations/obs191120/
https://www.hussmanfunds.com/comment/observations/obs191120/
Market has topped on 2019/11/07. Get the hell out now.
- Thread starter noddyboy
- Start date
These articles are written for three reasons and they're all bad -
- ego: to look like a smart guy amongst their peers
- views: to drive traffic to the article and its parent website/magazine etc.: and maybe sell some training or textbooks
- to scare the uneducated into churning their stocks and hopefully signing money over to managers.
As of 30 September 2019, Hussman's Strategic Growth fund had a 10-year average annual loss of -7.23%, compared to a 13.24% gain by its benchmark, the S&P 500.
Well, if the market drops 72.3% Hussman can maybe break even for his long suffering investors.
Well, if the market drops 72.3% Hussman can maybe break even for his long suffering investors.
From reading his article, he sounded like he had a system to predict and take care of down turns. However, I couldn't figure out what phase transition in finance is and what is market internal dispersion, especially coupled with market uniformity action?
I would have never guessed.
Do you realize the S&P was at 2386 only 3 years ago, there abouts?
Good lord. Nearly 1000 point rise in 3 years. Who woulda' thunk it.
Percentage-wise is what matters. That is 41% rise.
Taking another 3 year period Mar'09 to Mar'12 SPX went from 666.79 to 1419.15 or well over 100% but that was during Obama's days and he ain't no great bitnisman like Dump .. so it don't count huh.
Percentage-wise is what matters. That is 41% rise.
Taking another 3 year period Mar'09 to Mar'12 SPX went from 666.79 to 1419.15 or well over 100% but that was during Obama's days and he ain't no great bitnisman like Dump .. so it don't count huh.
Well Obama crashed the market first /trump supporter
But really, Obama said BUY STONKS in 2009. That dude knew what he was talking about.
Percentage-wise is what matters. That is 41% rise.
Taking another 3 year period Mar'09 to Mar'12 SPX went from 666.79 to 1419.15 or well over 100% but that was during Obama's days and he ain't no great bitnisman like Dump .. so it don't count huh.
My reply to bone was a bit of weird humor about the post number. It had nothing to do with politics, or market mechanics. It was just a funny between bone and I that I thought he would like. Forum friendships are weird.