It looks like someone linked you here to our printer friendly page. Please make sure you go Back to for more great articles just like this one!

Hugh Hendry Uncertainty Trade

By: readtheticker | Sunday, November 4, 2012
Hugh Hendry

Investor Hugh Hendry is setting up his clients for future uncertainty.

Source: Hugh Hendry: "I Have No Idea Where The Stock Market Is Going To Be"...

Hugh Hendry is LONG gold and SHORT SP500.


"I have resigned from the professional undertaking of coin flipping. I am not here to tell you where gold's going to be. I have no idea. That's my existentialism. I am a student of uncertainty, I have no idea where the stock market is going to be. So when I am creating trades in my portfolio for my clients, I am agnostic. I just want to enhance the probability that I make money come what may."

COMMENTS: He does not care where Gold or SP500 will be next week or next year. But you can bet he does care were the Gold ratio to SP500 (GLD::SPY ratio format) will be in the months ahead. Hugh didn't make clear, after all the price must go up for Hugh to profit.

NOTE: GLD divided by SPY assumes a 1 to 1 value relationship.

Gold versus SPY


Author: readtheticker


We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. provides online stock and index charts with commentary. We are not brokers, bankers, financial planners, hedge fund traders or investment advisors, we are private investors.

LEGAL DISCLAIMER: The material is presented for educational purposes only and may contain errors or omissions and are subject to change without notice. (or 'RTT') members and or associates are NOT responsible for any actions you may take on any comments, advice,annotations or advertisement presented in this content. This material is not presented to be a recommendation to buy or sell any financial instrument (including but not limited to stocks, forex, options, bonds or futures, on any exchange in the world) or as 'investment advice'. members may have a position in any company or security mentioned herein.

Copyright © 2011-2017