overhang, page-12

re: overhang - big change Buyers over sellers now 1.5:1

Huge swing. Best bear traps are sprung but not decisive in one day. They normally entice more short sellers that cannot believe their luck that the price rises and gives them an even better chance to sell short.

To the shorters I can only say good luck covering after all the news is out.

As this is my super money I do not care either way as tomorrow's price is ancient history when I start to draw my unallocated pension.