The reverse of expectations occurs to shake out the path. Banks show strength, and big boys establish short positions, support the bank bids, while they are net sellers trying to convince the bull crowd to buy banks.
The deception is very important or they will lose.
For example, Warren Buffet has 300,000,000 shares of Wells Fargo. He will lose $3B is price moves down 10 points. Sovwhat will Warren likely do? He will come on CNBC and explain how there is nothing to worry about.
You see, you have to read between the lines while looking at the big picture. Retail guys and girls have the advantage because we can liquidate one stock quick. It may take the enemy a month to liquidate one stock.
Look let's get rational. If this market moves up again that is an unhealthy sign. Has to be a pullback to move up more or we are realistically setting up for a massacre. The number of gaps are already comical. When the market turns it's going to happen fast.