GMOTruths

Bullish Market Comeback?

Short
AMEX:JNK   SPDR Bloomberg High Yield Bond ETF
1
Nope. But sure counted on the bulls to think so, which is why I waited until Friday's close to put back on HYG and JNK. We might see bigger drop this time (more likely) or we might see some slow trickle downward.

Price target: $31 or lower.

Will adjust target as market (and oil) change.

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