EliottWave – Many big hedge funds have invested heavily in high-flying technology stocks like Twitter, Yahoo!, Priceline and Netflix. And as the price of those shares has fallen recently, hedge fund losses have been sizeable. The technology-heavy Nasdaq Composite index tells a lot of the story.
The just-published April Elliott Wave Theorist includes a rarely discussed volatility measure with an “impeccable record” of anticipating major market turns. This measure recently reached an all-time extreme — a fact that we believe investors should know.
Read more: http://www.elliottwave.com/freeupdates/archives/2014/04/21/Hedge-Funds-Wounded-in–Diabolical–Stock-Market.aspx#ixzz2zcJAofii
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