CHART OF THE DAY: Hedge Funds Bought The Frackin' Dip!

button more charts
button chart prev
button chart next

Did you panic and sell last week while it looked like the world was collapsing in a stew of radiation and Mideast chaos?

Hedge funds didn’t. They bought the F#$%!NG dip!

This chart stands out in the latest Bank of America Hedge Fund Monitor.

Check out the sharp spike in global macro hedge fund exposure to S&P longs last week.

chart of the day, s&p 500 exposure to macro hedge funds, march 2011

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at