Over Acting

'Worst June since the depression' has been observed in several reviews of the market. Talk about over acting. Now, this market may be heading south, but the professional trading machine of Wall Street is short. There will be no 'tag days' for hedge and trading shop operations on the day this market makes the low. Goldman already is leaking positive data regarding their current hedge fund's returns after a disastrous 2007. They are not making that money selling apples. No, these guys are short and that is the difference between June of 1930 and now. For the pros, this market is making them money. It is much more likely that this break may have the greatest percentage of shorts of any break since the Great Depression.