It would be interesting to know what stocks Hussman will buy on the dip. His outlook tempts me to think about adding to his fund, although it sure seems late in the game.
I have to admit that I was skeptical when he started removing the hedges, but his fund is up better than 13% since then - a bit larger than the actual rise in the QQQs. I lightened up on his fund a bit too soon, but still have a core position that has seen the whole run.
One could have done well by adding to a 2x fund when Hussman undid his hedges. Even last year there was a nice rise just after he unhedged his fund.
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