With the Market hitting 845 on Russell, that wipes out 90% of all of the trader who went short. In other words all of the non- HBB traders that started the sell-off.
I call BS on this rally. In fact, on most of the past couple of years. Doesn't change the fact that the indices have gone screaming up the ladder...trying to short has been expensive and painful. But BS is still BS.
I call BS on this rally. In fact, on most of the past couple of years. Doesn't change the fact that the indices have gone screaming up the ladder...trying to short has been expensive and painful. But BS is still BS.
ReplyDeleteThe great central planners know best, the Bernank had SAT scores of 1590
ReplyDeletemy 15 minute qqq chart is really starting to favor the bears, for up to a 1.2% move
ReplyDeletei have shorts on AIV,YUM. i'll let you know how it works out. could get expensive, like you said.
ReplyDeleteUnfortunately IQ is worse than a piss-poor way to gauge common sense.
ReplyDeleteGreat chartwork with those eggs. Thanks!
ReplyDelete