Your loss:
http://www.zerohedge.com/news/...ock-market
Try reading the article before commenting. It's quite the opposite of "this time is different".
Ghost of Igloi wrote:
Hulbert,
Your piece goes against fundamental investment principles and just a variation of "this time is different." Furthermore, the Dow is at the same place it was on December 29, 2014. Yes 2014, not 2015.
IgyHulbert wrote:
Here's why the stock bull market is alive and well...
https://research.tdameritrade.com/grid/public/markets/news/story.asp?docKey=1-SN20161101007424
Be careful how you respond. You'll be getting a call from Matlock.
Helloooooo? wrote:
What "downturn"?
The downturn that regularly occurs each September. The poster did not cite his source because he didn't want you to know he was taking the quote out of context in a failed attempt to discredit Mark Hulbert. Desperate people do desperate things.
Helloooooo? wrote:
What "downturn"?
That is not the problem. THIS is the problem:
Ghost of Igloi wrote:
This Week 10/31/2016
Far Beyond Double
"Historically reliable valuation measures aren’t just 15% or 20% above their historical norms (which could at least be justified on the basis of low interest rates). They’re well beyond double those norms. Based on the behavior of a broad range of market internals, we are now observing a shift toward risk-aversion among investors, at a point where the most reliable valuation measures we identify have been driven to some of the most obscene levels in history."
By John P. Hussman, Ph.D.
President, Hussman Investment Trust
You're going to need to cover your shorts soon, I would think.
Ghost of Igloi wrote:
coach d,
No argument from me. At these valuations and market action I am not an interested buyer.
Igy