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electroniclocal

Bad Things Are Going to Happen?

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The question mark at the end of the title to this post is mine. Ther article I am refering to is one by the hedge fund manager, Hugh Hendry and can be read here. It's an article from today's UK press that CNBC Europe is promoting too.

 

The article is particularly apropos after Mr Bernanke's statements yesterday, coming clean a little.While I agree with the judgement of Mr Hendry who I have watched for a number of years, timing is everything. But as we say in the U.K., Mind the Gap!

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Don't let negativity and pessimism get in the way of a market run to a new high. Rates are low, will stay low, and money is going to find its way into the market. Short term dips? sure. Don't be fooled. We are going to a new high very soon. Maybe even an all time high by year end.

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you buy... it goes to a new nominal all time high... has wealth been built (or even protected) ?

 

if i trade it correctly then my wealth has been built......honestly that is my primary focus.

I am with Mr Hendry (who I for one wish he would do more enjoyable interviews - but even he realises he has to play the game), it is good to be aware of these things have a general idea, and then hope that it creates opportunities that you can benefit from.....otherwise trade what you see, and not what I think/fear or what others fear or think.....

 

Bad things happen all the time, and yet we are still here....maybe something really bad will happen and we wont be one day.....in the meantime.....as i dont have a 800m portfolio to worry about i can remain nimble and quick....and still think about the scenarios.

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He believes that financial markets are single-digit years away from a crash that will present investors with opportunities of a lifetime

 

Nothing new or outrageously pessimistic. Somehow optimistic.

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