This may be a nice reference chart for the next several weeks, so I thought I'd share.
Whether price rises or falls from here, step #1 is a given, IMHO (think about it). What will be telling will be the nature of what the buyers and (real) sellers do once the short sellers cover. This live chart from www.smallinvestors.com should be telling about step #2. BTW, that's a beautiful inverse relationship between short sellers (yellow team) and real sellers (pink team). Watch the dark blue team for clues about bullish sentiment. This is Mark's advice, and I'm holding him to it!
Step #1- watch shorts capitulate/cover
Started by
spielchekr
, Jun 03 2007 08:27 AM
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