Re: Tsunami's Account Talk
Originally Posted by
Tsunami
Every month Hussman comes up with new and interesting ways to say that the market is at the most extreme overvaluations in history, and every month it just goes higher.
"
I suspect that a near-vertical market plunge on the order of 25-35% is coming, probably quite shortly, most likely out of the blue, as in 1987, driven by nothing more than the sudden concerted effort of overextended investors to sell, and the need for a large price adjustment in order to induce scarce buyers to take the other side."
Ignore at your own risk...I've met my 8% goal for the year and locked it in today, but will continue to look for quick trade opportunities every month.
https://www.hussmanfunds.com/comment/mc210315/
Say it long enough and eventually of course it will come to pass, because that's the history of the market. Then he pats himself on the back and says, "see I told you so". Meanwhile if you stayed out due to fear and followed that advice you made nothing...
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