From NFTRH121, and why I got rid of the bear positions yesterday:
"As a holder of the TWM inverse small caps fund, my concern is that a hit of the top line
of the triangle would not feel very bearish even as the index remains within a technical
bearish condition. Speaking not as the letter writer and market manager, but as a lowly
trader and market participant, I cannot help smelling a rat after Friday’s turmoil. Maybe
it is ultimately bearish for the market that I feel my bear positions are under threat, even
after such a ‘positive’ day as Friday. Dunno folks."
