Paul S C

John Hussman: We May Be Seeing a Phase Transition

Mr. Lewing,

Up until this point I have filtered through your posts and tried, though all good sense tells me I am wasting my time, to find some semblance of rationality. Call it common decency if you like. I now have a question for you: can you agree you have had a fair opportunity to voice your opinion?

No-one is arguing that strategic Growth’s pefrormance has been poor over the lastfew years. What you are failing to grasp is that the fund’s shareholders are well aware of this fact and have come to terms with Hussman’s ‘fully hedged’ stance as it was commuicated to them on a WEEKLY BASIS! They also realize that Hussman’s gauge of ‘favorable market action’ did not work for the last few years of the protracted bull market. Nothing you write is news!

Who are your ramblings directed at? – on the one hand, you have the choir – and on the other are those who now suspect lunacy and just rolltheir mouse wheels dwn a few times when they see your name (although even that has become tiresome). Sir, I am sorry to say, that as of today I am one of the latter.

Please, I implore you,for the sake of civility and everyone’s time, move on. Why not focus your wealth of time and effort somewher else; like helping people with teaser-rate mortgages resetting in mid-2008 figure out how they are going to refinance? Anything but this!