I'm very certain 5 times as many people got wiped out shorting the rebound as made money shorting it.What short who caught the downside could have resisted shorting at 2500,600,700,800,900,3000? It was almost a guarantee we'd retrace 1/3 to 1/2 the run but we didn't .Jeffrey Gundlach is sure quiet after shorting at 2840 and being quoted all the time . Mr . Cuban who was negative at 2800 is sure Quiet .Matter of fact i'd say there's not a credible analyst on earth who thinks we go back to 2500 much less the lows of 2176.
More free money this morning....up again. Im shorting more, this cannot be sustainable each day, even a pull back of 2% should not surprise anyone but it will when it happens since everyone is enjoying their free money day in and day out... Imagine the markets get a fraction away from new highs and a second wave comes or that wonderful new multi trillion package isn't approved or better yet more talk of China trade wars. ....anything can take these gains and wipe them away just as quick as they appeared.
I'm sure Mark and Jeffrey used less than 5% of their networths....trust me they are wealthy for a reason
Nobody with any sense ever shorts more than a few % of their net worth on the short side as the mkt rises 75% of the time . If you do its just for a trade with tight stops .
Yep just like that...bing boom bang and a vaccine!!!!!! Trillions upon trillions of dollars and decades and decades and decades of research in cancer research and still 500,000 people die every year from cancer.