In the current Market Climate, buying just because the market is down requires the willingness to suffer enormous losses for fear of missing the first part of any new rally. (hussmanfunds.com)
In short, we can't rule out a positive shift in trend uniformity, but my expectations are aligned with the current Market Climate. (hussmanfunds.com)
The current Market Climate holds us to a fully hedged position. (hussmanfunds.com)