I am not sure the multi-manager hedge fund models factored in this type of tail-wagging behavior from their short books (Millennium, Citadel, Balyasny). If those books need to unwind. Woooosh, This could get very interesting. But, I also have no idea what I am talking about.
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Deleveraging across the street hitting everyone pretty hard.
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lol if you're long smallcap growth and 50% or more net long, you are still having a good month. lots of dispersion out there for certain
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