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"The bears are gone, extinct, vanished," writes John Hussman, with the only ones remaining being...
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Monday, January 28, 7:27 AM ET"The bears are gone, extinct, vanished," writes John Hussman, with the only ones remaining being permabears or nutcases. "And yet, the historical evidence for major defensiveness has rarely been stronger." Capitulation is everywhere, he says, with even Alan Abelson telling investors to let profits run until stocks start to go the other way.
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This news story has 6 comments:
I am 100 per cent short the qqq Nasdaq 100
MAY I BE RIGHT sometime soon !
charlie Malta
I'm guessing it's time to bank some profits.
Hard to find values now.
I just don,t know why xam was already there
Well as I already said I am contralian and love to short the QQQ
in 20 years I have to admit this last year had a hard time and still am only to do with apple but what can one do can,t be right all time I like to be right 3 out of five and i am happy enough .
At this moment I am fully short the QQQ and hope it won,t break 69 70 upside then I shall be start to cover
charlie