Fade the Bum

Don Luskin says now is not the time to invest overseas: Thinking of Investing Abroad? Think Again:

“All I’m saying is that you’re making a huge mistake if you mindlessly send all your money overseas — just because all those other economies are the devil you don’t know. The devil you do know may be your best bet.”

Luskin’s track record and forecasting history suggest he is a reliable one man contrary indicator.

Contrary-interpretation of Smart Money article: One of the greatest overseas investing trades — in the history of mankind — is very likely about to begin.

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