Attention: Ken - you fading this rally too?

Mighty strong market today. Are you fading this one too? We've had a couple hard bounces now, is that not showing some kind of strong support line in your opinion?

Thanks!

 

Ken’s busy. His GF sprung a leak and he ran out of superglue.

 

Today was good for CEFs in the open market.
MEGI and BXSL were really good trades.
BXSL covered out too early.


My opinion is that in CEFs and BDC will have good trades in next few days.

 

Ken is gone, never coming back -ever - he walked out of ET and assured us repeatedly he was not ever coming back. So leave him be.

 

frnw, by CEFs I assume you mean closed end funds. Why focus on MEGI and BXSL? They seemed to be up today but nothing crazy. What do you mean by BDC?

Thanks!

 

Wait what? When (in what thread) did this happen? He was such a valuable contributor!

 

I dont think he has gone, he is just not an ET sponsor anymore.

 

Market stayed flat all day after morning bounce, still in downtrend so I rebought uvxy sqqq after-hours.... uvxy trended up all afternoon... Fading today's mean reversion bounce in s&p.

 

The @KCalhoun ratio (Rydex Bear to Bull Funds) is peaking. Be ready for the rally to take him out.