Are you using chicken entrails, tea leaves or my personal favorite to predict market direction? - Spydertrader
Well some guy from CR, who does know anything about trading, came out yesterday and said he want to be permanently short. Its that kind of sentiment. Like when the dollar was weak everyone in the banks was shorting the dollar and certain it would go to 1.35 -1.4. We will see the same thing happen in the US equity market.