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Re: Ace Hanlon post# 43860

Sunday, 11/10/2002 4:18:39 PM

Sunday, November 10, 2002 4:18:39 PM

Post# of 704019
Indeed. From Hussman's Nov 10 update:

"We don't make forecasts regarding when such shifts may occur, but historically the Market Climate has shifted nearly twice a year, on average. In addition, trend uniformity has historically been favorable during about two-thirds of the seasonally favorable periods between November and April. As noted last week, it's a favorable Market Climate you wait for, not just favorable seasonality. But given all of these tendencies, I'll be at least a bit surprised if we don't see a favorable shift in the Market Climate at some point between now and April. Given that the current Climate remains unfavorable, the historical tendency is that such a shift would occur at lower prices, not higher ones."



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