to push the market down, but unsuccessful. The market is still consolidating in the 8000-10000 range. Institutional traders are just playing the range, do not panic.
Bulls - bears, wallstreet - mainstreet, oil producing countries - consuming counties, borrowers - lenders, east - west, economists - politicians, all sectors; etc... We have all enjoyed the bull ride the last 10-15 year in different ways, now the world economy is in the down cycle, so we all have to pay for our dues. :-)
It may take some time, but the market will find the balance again.
For the mid term, I like to long energy producers short spy, long large US banks short spy play. Long RMB. :-)
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