Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

George....

Interesting read from Hussman - I certainly cannot disagree with him on the fundamentals or valuations and I continue to expect a large move toward revaluation in the relatively near future. The caveat I have had for a good while now is that unless and until volume picks up, AG will be able to prevent serious downside action in the markets and can probably continue to drive them higher.

The warning signals are there for him also, though, in that he is getting less and less follow through and more distribution instead. That is not an encouraging development for the Gambit.

mlsoft