gabe borenstein

You Knew the Short Squeeze Was Coming

Nonsense ,there were no dicussions about short covering .In fact articles with historical analysis have appeard from everywhere arguing about the continuous market breakdown.Non stop, descriptive references are used to define the U.S as being in recession.Clearly not .The U.S economy has decelerated ,but is poised for a major rebound fuelled by the fiscal and the monetary stimuli and help from the J-curve..
What we have seen to date was a market response to some rational measures imposed by the Treasury and the FED.As the market paranoia dimishes and the investors/speculators respond to the facts not the distorted info(please note the record short open interest),the short covering will turn into a panic buying ,creating the foundation for fundamental mega rally .Volatility is likely to continue untill the bears address the reality and are carried out on the stretchers.
I just wonder what happened to all of the bearish attitudes when they were justfiable year ago.