John Hussman remains bearish, noting the technical conditions he's observing are reminiscent of...

|By:, SA News Editor

John Hussman remains bearish, noting the technical conditions he's observing are reminiscent of April 29, 2011 - the day of the S&P's high for last year. "(These) extensions are often resolved in unison ... where the index can give up weeks or sometimes months of upside progress in a handful of sessions."