RE:Bear TrapThat's what I mean, Bear Trap, and the Trap has been sprung. Lotta reluctant commodity holders who sold in a panic this AM will be way, way, way underweight the best performing sector, and need to catch up before they get further behind.
I wonder how much short positions climbed this AM?
Rational43 wrote: Nice looking bear trap this am. All the underweight but forced to buy a little bit of commodity stock mutual fund managers dumping this AM, happy to be rid of the dirty stuff before the big crash...and when the market turns on them again, they will scramble to catch up.