Loading ...If we really break out, then it will be interesting to see what happens …as my bet is there is no way the Crimex figures show anything like what is really short…U have the whole London mkt, which shows no O/I figs, then u have all the Dark Pool shorts, which I doubt are registered anywhere, then u have the offshore shorts in stox.
We have seen decades of them stomping the mkts and very few signs of them really short covering….hell they sold tdys opening right down, just like every up day since when…
Don’t get me wrong, I doubt the Fed will ever cover it’s shorts, they simply couldn’t, but there must be loads of their ‘mates’ who have piggy backed them, who will have to cover if prices go too far….