Goldman Trader: I Am Seeing A Bit Of Panic As Negative Sentiment Is Getting Reversed
One week after he said that we are in the 7th inning of the market "force-in", Goldman flows guru Scott Rubner is out with another baseball analogy: we have now moved forward by one inning to #8, and are just shy of the ballgame, which he says will end "with a blow-off top to make the end around 4,450-4,500."
Below we excerpt from Rubner's tactical flow-of-funds full note, available to pro subs in the usual place.
Everyone is back in the pool and swimming in the deep end for stop-in trade