wednesday possible huge short squeeze

Well, our market is so oversold yesterday with banks fund raising and no doubt concern of the Dow not holding Octobe low today result in big sell off yesterday, on top of weakness the few days before. The liquidation sells and babies out with the bath water yesterday is going to hurt the shorters today.

There is a very good chance we're going to get a decent short squeeze today and 3% to 4% up move is not out of the question.

SPI closing at 3566 is very cheap, so long on the open is the game plan for me this morning.

Good luck