[Sources: Hedge Fund Liquidations Reach Highest Level Since 2009] According to DeepFlow TechFlow, on November 6th, financial journalist Charles Gasparino reported that the recent sharp sell-off in tech stocks has sparked speculation that one or more hedge funds are in trouble. An unnamed CEO of a financial services company told him that the number of hedge fund liquidations has reached its highest level since 2009. This round of liquidation is necessary, and the market is preparing to bottom out, but still faces further downward pressure.