Gigem77

How Much Longer Can Money Managers Hang in Behind Energy?

Get focused Bill and stay away from politics. You aren't witty and will only alienate 43% of what few readers you have left. Momentum money shorted the financials and the dollar into July, then shorted energy and other commodities and is still maintaining a large short position in the broad market. Short is a position. This morning the shorts with overseas accounts are piling into oil and natgas. The short position in natgas is huge. Capital is flowing into bets against all kinds of stocks and commodities and you have completely missed the move. Who cares what the managers of long only funds are doing? They do not control the direction of the markets in the short or even intermediate term and you said yourself that you are only daytrading now.

From your Aug 25th article. . . .
"The market is incomprehensible to some of us at the best of times, but these days it’s fair to say that most of us don’t get it. All we can do is day trade while we await the market’s revolution, whatever form that may take."

That is a very illuminating paragraph.