inthemoney

Will the Energy Exodus Fuel a Consumer Stock Frenzy?

I see short energy / long consumer discretionary trade going for a while now, about a month or so. Like with everything these days, traders push is far beyond the point where it make sense. It stopped making sense to me about 2 weeks ago, but it still keeps going. Expect a violent snap back when it stops working.
I give you one example, - I am short RSH, shorted in $19.5 area. It is up from $13 to $20 since July lows, that is 80%, it makes no sense, nobody goes to Rdio Shack stores, it is one of worst companies out there. Who is buying it? I tell you who, - computers.