MaverickBian

John Hussman: Preparing for Extreme Possibilities

BTW, if 30%~50% hedge funds went out of businesses, what would happen in the market place.

Today BP capital, which has built a very good history for the past decade, claimed more than 50% of its investors would redeem their money by year-end. So far, BP has lost more than 60%. So much liquidation by heavy-leveraged hedge funds within next 3~5 quarters would no doubt push down the broad market to the extreme.