| Mega short interest, the problems are huge, the covering is reluctant according to the pit sources.. On down days we bulls see our portfolios decimated, problem with the bears is that on up days it is not their portfolios, it is the short position they need to cover, a bull like me watches in unbelieve when he gets a drabbing, I go and buy to average, a bear has to cover, now seeing his profits evaporate on a money that is not his, is a real painful process, run it to the 1168 level and the real fun starts..above that proverbial 1187, i tell it is vaccum up their if we get it..1280 is doable in no time.. just give this 1195 close.. |
