Ann: Letter to Shareholders, page-324

We know the real bounce will be multiples when it does go , but won’t be for awhile .
I need more time at the bottom to feed.
Shorters and Long term are actually on the same side at this point in time IMO.

Wouldnt surprise me if the institutions lending their shares are the ones buying them as they hit the market . Ironic really .
I really hope SP gets pushed down as far as possible now .
Shorting in this market should be banned as no one is trading based on company fundamentals . But since it is still allowed everyone can take advantage. If shorting is banned we will see a real bounce.