Buy 1290, sell 1090, buy 1290….
Mega Bullish at 1290 accompanied with “extra” bullish positions, dreaming of ultra short at 1080 (but actually 20% long), now Mega Bullish at 1290 again, and we trade at 1265. Time to name an Indicator after the Guru. Bloomberg video below explaining just how bullish Biggs is again, and MF Global is just a minor thing…..
Hahaha…
Seems Mr. Biggs is a good contrarian indicator.
As always, appreciate your hard work.
That’s our guy!!
So amazing to have him around.
Poor old bullet, he should retire gracefully – this market is not for the old time buy and hold trader.
Thanks for the good commentaries.
Yes, he should retire, before the market retires him.
Everybody gets whipsawed; not his fault.