great question. I think the hedgies are focused on the crypto space, at least the ones i deal with. BTC seems to be the shiny object. P/e ratio for the S&P is very unattractive and indicates a mass correction coming. I don't deal with all hedgies but the ones i know have sold most of their Equity positions and have moved into metals and crypto. Game Stop is gona pull back down big time. Bag holders will get crushed - but question is when. Hedgies may come in and build large short positions if they see what i see. the fact Cnbc covered Game Stop means the play is over. I expect a Biden Bounce - regardless of Corp earnings. But after the Biden bounce a 50-60% correction that will last a few years in the stock markets. But i'm rusty on the Equites because i moved into the Fintec space in 2017.