There's no logic behind a short squeeze like what happened on Tuesday.
Traders sometimes get together and squeeze.
Makes some cash then take profits then the market falls again like today.
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I think the system is saying it is time to short but take with caution
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Too many ways for shorts and hedgies to weasel out of a short squeeze....and a good way to become a bag holder - PROG and BBIg are 2 examples of late...
Traders getting together to make some cash...seems like a song I've heard before.




