Wednesday, May 23, 2007
OK, let me point it out before someone else does. A brand new blog about short squeezes as the S&P 500 reaches for all time highs after a close to 10% rally over the last 2 months? It does reek of amateurism and lets be realistic, the first two stocks jumped 20% this week. No one is that good, not even broker A. AMSC and MVIS were just lucky right? I don't know, but the profits spend the same whether it is luck or skill. Preservation of capital is the number one rule in this game and the shorts have severly misplayed their hand. The shorts will have their day, it just doesn't look like it will be soon. Protect your profits and don't let yourself become feed for the bears when the market does turn.
at 11:41 AM