Just had a conversation with one of my smartest hedge fund pals. Big money fund.He said many of his pals were pressing shorts today that they were up 5,10 points on today and also thinks more bad news coming out of funds on both the debt and equity side. As far as the former goes,you can view that as bearish or bullish, as far as the latter, I don't think he could be more right.
About Me
- upsidetrader
- I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.
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