Below is a quote from Jay Matulic in the latest Weekly Wizards from AdviceTrade:
"Should one be shorting this market?
Right now I'm basically in cash. I was short some last week and was in good shape. I'm reticent to go short here because I think the government could go into the futures market and buy stock index futures at any time because there's such a confidence issue with the market that I just don't want to be short....."
Have the Feds done this in the past? Or do they have such a good way of hiding it that the vast majority of players wouldn't know?
"Should one be shorting this market?
Right now I'm basically in cash. I was short some last week and was in good shape. I'm reticent to go short here because I think the government could go into the futures market and buy stock index futures at any time because there's such a confidence issue with the market that I just don't want to be short....."
Have the Feds done this in the past? Or do they have such a good way of hiding it that the vast majority of players wouldn't know?