Biggs is Back
When markets were 15% lower he was dreaming of being ultrashort. Now, Mr Biggs is disclosing his bullish stance again by proclaiming he has gone from 20% net long to 65% net long. He also explains he is not a speculator and that the market will go slowly higher. That was when the DOW was down small digits earlier today. Well, our readers remember what we wrote late this Friday, “Wish I Was Short”. Watch below Bloomberg video for the final Sell signal. Biggs, bullish as ever. As we said, all pundits are confused.