I had to get out of my C trade when they started that. They got in my head...lol I don't like the attention its getting publically. Means we are gonna get a new bottom. Now I hope the whole finacial rally fades today.
They are going to pump financials until FED meeting next week and then might sell them after more cuts.
Im adding some UYG in my IRA this week, hopefully it dips down below $30 AGAIN!!! When the financials do decide to turn around UYG is going to turn around as quick as it declined.
Youre picking bottoms in a broken downtreading market that hasnt really capitulated enough for a good bear market rally.