How long do you think this short squeeze, dead cat bounce, rally, whatever you want to call it, is going to last?
I'm assuming another 10% out of UTWI up until tuesday, mb even wed.
ZeroHedge pls go. The market is back to normal, everything that happened this month was just to trap retards into panic selling, and it worked marvelously.
I hope you bought the dip, if not, I feel sorry for you.
>>1058204
I assume the rally was due to the climbing oil price, and the fact that China has stabilized temporarily. I'm not sure why Oil rallied so much, but if it really was just the blizzard, it's going to be a really transient spike. I'd expect whatever good feelings their are wrt crude to taper off by mid-week. Then it's going to be a matter of whether the bottom falls out of China.