Loading ...As themachines have no logic, that I ma aware of, in theory they can just short and short and every rally is another better price to sell….maybe they have got so short they can’t ever get out………they can’t reverse…
If it is hedge fund types running the Algos, then they can’t just put losing trades in the bottom draw, like the Fed and it’s surrogates do…they will have to cover….from who …not me for sure I want 10 plus times to sell….
Once the earnings season starts and the majors attract yield buyers, that will rally them and then the juniors start to look interesting…..the shorts are gonna get screwed big time….