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Shares in Japan's Nintendo soared again on Monday, bringing market-value gains to .5 billion in just two days as investors cheered the runaway success of Pokemon GO—its first long-awaited venture in mobile gaming.The game, which marries a classic 20-year old franchise with augmented reality, allows players to walk around real-life neighborhoods while seeking virtual Pokemon game characters on their smartphone screens—a scavenger hunt that has earned enthusiastic early reviews.Some analysts have been upbeat about the money-making potential for Pokemon GO, largely from small purchases made while playing - and the positive signs for other mobile gaming launches planned by Nintendo for 20."If nothing else, Pokémon GO has shown that there are 'dormant' Nintendo fans eager to trial its content for smartphones," Deutsche Bank analysts said in a note.
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Hussman's reputation has been clobbered of late because he missed the market turn in 2009 and then acted on his more recent concern about an impending crash several years too early.
As the market has struggled over the past 18 months, however, Hussman's concerns have been partially vindicated.
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