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You look at the gains here, the dow is up almost 7 since february 11th. The s p 500 up more than 8 in that same time frame and the nasdaq is up 10. 5 since february 11th. Do you sell into the rally . David joins us. You have a bullish tendency, but i think you believe that the upside is limited here. Yeah, absolutely limited. We talked about it last night in the show. Essentially this is a fearbased trade. People underpositioned on the long side that are fearing a lot of the meetings coming up over the next several weebks. A meeting in china kicks off today. Most importantly the ecb given draghis comments about potential additional stimulus, so i look at it and say under positioned, getting long, fear of it running away from them, but most importantly, there is a big fear, big fear about being short. So all these, you know, stocks and sectors that have underperformed have been completely negative, biased on sentiment trades, youre seeing that risk come off and seeing a tremendous amoun ....
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