Subject: Re: OT (only a little): Rounded Top?
If looking at a 1 year S&P/Nasdaq chart it looks as if we might be exactly at that point right now, in the middle of a "rounded top" as he called it.
If you are looking for bearish confirmation, no surprise Hussman is happy to oblige and is reliably there to offer it.
Latest (Feb 2025) comment
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What appears to be an endless bull market advance is actually a classic two-tiered blowoff in speculative glamour stocks.