myths, page-15

Happydayz,

There is a segment in financial markets that is betting against Europe - hoping that it will collapse. In an Armageddon scenario - asset prices would hit rock bottom. Hedge funds are planning to buy then.

Some of these funds have been short on EZ for 2 years, just like some have been short on Japanese (govt) debt for a decade.

Many of these funds have not made money, but they hope to make a fortune one day.

Menta's game plan is similar - he is waiting until 2016 for the 'new bull market'.

At least that is how i interpret his musings, but i may be wrong.