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chainik

04/16/05 7:30 PM

#381285 RE: Ace Hanlon #381275

<Hussman turned decisively bearish last Sunday (perfect timing)>

I got the impression from his latest essay that he turned bearish a bit earlier but "announced" it only last Sunday, e.g.

"I generally report these changes with a lag if there is anything material to execute"

Anyway, the timing was perfect.

I don't think Hussman will change his bearish stance anytime soon.

Have to admit that I am concerned about Hussman's remark about a possibility of a crash. He is not the kind of a person who uses this term often. I would feel much better if he mentions tomorrow that the crash has already occured (g).