Bermuda Shorts
Record short selling on the NAZ, climbing 12% during the 30 day period ending March 15. The NYSE reported a hefty 9.5% increase during the same period.
Remember, if stocks move up and shorts are forced to buy to cover their positions, it juices the move up, which triggers even more short covering.
Remember, if stocks move up and shorts are forced to buy to cover their positions, it juices the move up, which triggers even more short covering.
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