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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%4:00 PM EST

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To: Bert who wrote (48425)4/11/2009 12:02:01 AM
From: carranza2  Read Replies (1) of 217714
 
A difficult article for a layman to digest without having to go hither and yon to get context.

My take is that it suggests increased volatility coming but that the author cannot necessarily call the direction. If you take the case of the CDS market as a guide, it suggests the downside.

One thing I saw that the author really doesn't get into and that is liquidity. Market neutral funds only supposedly take long or short positions with no more than 10% of their liquidity. I think I read him to say that the market neutral hedge funds are not liquid. Don't understand how this can be the case given their strategies, but what do I know. This is way over my head.
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