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In short words no. It seems hedge funds are de-leverings. I have linked an article on the subject. From my perspective, good dividend paying stocks are a screaming buy.
Bailing with a bucket but that waters comin in too fast! Can't remember a day when so many funds lost over 5%. HSGFX jumped over a percent so hes grinning tonight. Naw, seriously, I lightened up a couple three months back and turned out to be lucky. Am slowly adding, idiot That I am. A little PRSGX today and maybe add to DODWX tomorrow the way it's bleeding over in Asia. Ain't taking this lightly. Could go way down from here. Don't think markets like the austerity measures out of Washington and that jagged edged can we been kicking around being handed to a committee empowered to chop chop chop.
Comments
In short words no. It seems hedge funds are de-leverings. I have linked an article on the subject. From my perspective, good dividend paying stocks are a screaming buy.
http://seekingalpha.com/article/284779-the-great-hedge-fund-de-levering-event-has-arrived?source=feed
Good Investings,
Skeeter