the fund would be up if that was the case.It was financials driving it up . He was short WM . Also the oil related issues would have been up. The reason the rally was oil was down . This is a bear fund in many ways. I do not understand if he says he is bullish why hw was not ready to pounce on the mouse.
Maybe you should just sell and buy financial stocks since Heebner has blown it by shorting financials and making gobs of money doing so. If he made money on the way down I have on reason to believe he couldn't make money on the way back up. There are always false rallies and dips along the way and it's impossible to predict them all. The trend is your friend until it bends at the end. It's impossible to sell the day of the bottom. The reason we have seen financials rally is in main part to WFC releasing earnings. The reality is WFC earnings has no correlation to WB or WM or CFC earnings.