July 6th, 2015 3:53:00 pm
Posted by
pftq |
#This thread that hasn't been posted in for almost 3 years is revived...
Some very cool observations with Tech Trader below to start:
- Tech Trader covered GM and shorted FCAU last week.
- Tech Trader has shorted 7 names in the past week and significantly trimmed long exposure. RSI and bottom signals are quiet, as if it knows the market is shaky right now (covered EEM almost immediately on last week's bounce). You can even see the exposure curves visibly tighten in the chart (longs going down, shorts rising):
- The names Tech Trader *is* buying now are all least likely to be affected by Greece: healthcare, consumer, etc.
- Market opened down as much as 1% today. Tech Trader was up while being net-long. End of discussion.
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