< Life will not be "careless">
Not "carefree", perhaps? <g>
Yes, the name of the game for the next few years is going to be risk avoidance. There are going to be tons of landmines and blind corners ahead, that even the sharpest will not forsee. Unexpected bad things will appear out of the blue during secular bears. The bear is out to destroy liquidity - and that means hedge funds, banks, his, yours, and mine, too. As AA said, mind your assets...
With that in mind, I don't think I'll be trying to play the wave four when it comes. I'll just hedge my short exposure and watch the fireworks, looking for good short sales. After all, it's a bear market.
`BC |
