2 trillion euro saving deal on its way! :), page-29

"Shorters are not silly enough to cover on more hot air from the IMF or anyone."

if they are smart enough to short they are smart enough to cover. Trying to out think the market will get more than fingers burnt.

By your anology those same shorters are short still from March 6500 DOW?

rather than attempt to be 'right' eventually traders simply trade whats on offer. It isn't a case of being right. It is a case of being on the right side of profitable trades.