Hussman’s Setup?
January 23rd, 2008 by 
reality
John Hussman’s December 17 comment:
That said, there is one particular scenario that would be ominous in my view. That would be if we see a relatively uninterrupted series of declines that breaks cleanly through the August and November lows, followed by a one-day advance of 200-400 Dow points. That’s a script that markets tend to follow pre-crash. Though it’s not a strong expectation or forecast, it’s something worth monitoring, because we’ve started to see the pattern of abrupt jumps and declines at 10-minute intervals that is often a hallmark of nervous markets.
Posted in John Hussman, Stocks | 