Thx for the explanation of what we already know about 'quants'. Oxford dictionary not required.
In regards to this "No, everyone was trying to explain away JPM's sales as a freak anomaly."
Show me where this occured? All people were doing was drawing attention to the global x situation and noting that it was better they were in than out. I don't think anyone really thought this was the rally we had been waiting for. I certainly didn't, as I always saw production/ny listing as this catalyst.
The argument over whether global x 'ran a ruler over PEN' imo still holds water.
Sure it was a shame JPM sold some. No big deal. Like I said, you're rapping with ppl who've been in PEN a lot longer than u and not a stranger to off the cuff rallies for reasons less obvious than that. I could have not even mentioned global x and you would have been none the wiser!
If you made $$...good for you, celebrate it, but you're arguing with yourself here now and/or at least arguing over nothing major. If you think your excellent, that's all that matters!
Cheers
Gav
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