Paul Tudor Jones Calling A Top?
Submitted by Tyler Durden on 02/09/2011 11:21 -0500
Ben BernankePaul Tudor Jones
Wondering why the market suddenly appears as if Bernanke said he thought the dollar has hit a technical bottom? The reason is that there is a rumor (for now) that Paul Tudor Jones has just called a top in the S&P, and is also expecting a bounce in bonds. Unclear if PTJ used the Tepper "balls to the walls" trademark when referring to the selling that may commence. And boy are we hoping the selloff with a huge surge in volume that resulted, is not a response to what one man thinks or else there really is no point in trading anything ever again.
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