Question: Let’s say stock XYZ is heavily shorted. The market rallies and the short squeeze runs the stock up A LOT. I’m sure we can name a few of these. Then, the market reverses, as it will.
Will XYZ fall
A. Less than the run up.
B. Equal to the run up.
C. More than the run up.
D. Hardly at all
Ed
Posted May 5, 2009 at 6:41 PM
when XLF breaks below this 78%, you will have your answer… It might go up, too.
cmcbee
Posted May 5, 2009 at 8:00 PM
I’d like to end this trading day with a moment of silence for the great Dom Deluise.
I’m in favor of starting a NEW PAGE….
Question: Let’s say stock XYZ is heavily shorted. The market rallies and the short squeeze runs the stock up A LOT. I’m sure we can name a few of these. Then, the market reverses, as it will.
Will XYZ fall
A. Less than the run up.
B. Equal to the run up.
C. More than the run up.
D. Hardly at all
when XLF breaks below this 78%, you will have your answer… It might go up, too.
I’d like to end this trading day with a moment of silence for the great Dom Deluise.
The Traders Guide to The Uptick Rule:
http://www.goodevalue.com/2009/05/03/the-traders-guide-to-the-uptick-rule/