Is junk oversold? CNBC guru saying B rated junk is undervalued. Seeing love today on heavy volume: $HYT, $CYE, $HYB, $HYG, $JNK. 8-9% yields

Short $HYB Long $PHB, dollar neutral, stat arb. Thinner names...

$HYB another from Tuesday list doing well http://tinyurl.com/d4ozo2

$HYB low vol near line http://tinyurl.com/dbskve

$$ Ton of charts up $FXP $SWN $NDAQ $GS $BAC $BIDU $LQD $HYB $RIMM $GOOG $AAPL $ERX $DXO $ERY $FSLR