Shorts you have been served and are on notice, page-122

@ mrspeculator

The depth is looking pretty bare, and looks to be sliming abit each day. This is often a big sign of the end phases of short cycles.


does anyone remember what the depth looked like before the latest cib news (and short cycle)?

$2.70 is in reach, but $2.50 just seems to far away. like it doesnt seem to have the traffic for it, plus they are already 4 weeks in on a already exhausted stock. They may have to settle for somewhere between 2.60 - 2.80. but if they are going to do another around of 4 weeks, then sure. if it breaches $2.50 getting close to $2 might be pretty fast. i hate being caught in midst of a short cycle while i am unprepared, but i must admit i enjoy observing it in action, the mechanics and science of it intrigues me.