That was a good call Wink. Looking at the options expiry next week, there would be many going shorts the last few days and if the Dow behave, the big boys will ramp this market up hard to wipe those short options holders by next Thursday.
We're so oversold, going short is high risk unless intraday short trading. The sad fact is regulator do not realise that short sellers also go long on stocks to position themselve before shorting the stock and for traders selling out in the panic yesterday thinking the ban on short selling get lift today will result in more weakness is very wrong.
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That was a good call Wink. Looking at the options expiry next...
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