Bullish bets in the Traxis Partners LP hedge fund, also known as its net long position, rose to 65 percent, according to founder Barton Biggs.
“I’m inclined to stay where I am, which is moderately, cowardly bullish,” Biggs said in an interview with Betty Liu on Bloomberg Television’s “In the Loop” program. “We’re going to creep higher from here for a while.”
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