This weekend I’ve gathered up 14 charts about the market in general and wanted to share a few words about each of them. I’ve spread these charts over four different posts, all of which will be available to everyone.
First off is a chart which expresses better than any other what a horrendous slog it has been for any surviving equity bears since the February 11th bottom. This is the fund with symbol HDGE which specializes in shorting stocks. It has a great start to the year, but after February 11th, it’s been a quadruple-diamond ski slope downward, with losses now approaching a quarter of its 2/11 value. There’s been pretty much no respite this entire time.