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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.38+0.1%Nov 12 4:00 PM EST
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To: Hawkmoon who wrote (153008)1/28/2021 1:39:23 PM
From: SGJ1 Recommendation

Recommended By
Hawkmoon

   of 218715
 
I really don't know. Its a game I can't play. You know, the old, 'its a big club and you ain't in it' thing. I suppose though that some do use the funds for long investments and also sell those to cover shorts. Makes sense. Some, though are just dedicated short funds, like Citron. I think Melvin is mainly short too. To me, it makes more sense to buy the calls to hedge and get neutral. I mean, after all, they are hedge funds. So while they have taken a hit, I have to believe they have limited the damage.

I don't really know. What I do know is that this has had a profound effect on the overall market.
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