helplessobserver

Reality Bites As Stocks Continue To Collapse

Seems like the hedge funds, the so called "smart money", are exiting the market at exactly the wrong time and calls in question their competence. Sure back in their ivy league MBA classes they mastered non-correlated markets. If oil is going up, buy oil/energy assets and short transportation assets. Any rube on the street can find that out from listening to Cramer, plus Cramer does not charge $400 per semester for his correlation tutorial.