Goldman Flows Guru: "I'm So Bullish That I'm Actually Bearish Now For August"

In June, Goldman flows guru Scott Rubner highlighted the fact that he was seeing some panic starting to appear as negative sentiment was being suddenly reversed, noting that "beyond CPI, the flow-of-funds technicals look very favorable right here..." 

"Everyone is back in the pool and swimming in the deep end for stop-in trade

The pain trade and path of least resistance remains higher (think RIP and DIP) for many (and most) types of investors. In baseball terms, I think we are in inning #8 of the force-in, with a blow off top at the end..."

Well, he nailed that call.