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

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."
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Comments (2)
  • Larry Smith
    , contributor
    Comments (2689) | Send Message
     
    As soon as I saw Bollinger Band I stopped reading.
    19 Mar 2012, 08:18 AM Reply Like
  • Tack
    , contributor
    Comments (14392) | Send Message
     
    Perhaps, 2011's behavior was precipitated by other events. Is he expecting a Japanese earthquake/tsunami or Thailand floods this year?
    19 Mar 2012, 08:19 AM Reply Like
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