bounces are needed but i wouldnt say "the shorts have well overstayed their
trade here." the primary trend is what you hold onto. in bull markets you
can hold longs through little dips. in bears, flip it. thus, bear markets get
oversold and stay there for longer than one would like, and bulls are overbought
and stay that way.

a pop next week? sure, it can happen, i wouldnt be shocked to see 1300, hell,
1320 is possible. but i would not get more than 70% long

next week things will release, GE hasnt warned in front of earning so that is
probably ok, oil should come off this run just like memorial day, AA might give
a ok number. I think after that I think we bounce around thru the earnings
period

I think Tuesday, as I said last night, the shorts will be squeezed.

we are so oversold it aint funny, but ppl still think we go lower

today was the short squeeze. the shorts are so heavy, that its heavier than a
wet wool blanket.......chris

well ecirpm is pressing harder