RE:WHOO! (wiping the sweat off my brow) Another Massacre TodayCleoInWauwatosa wrote: Gotta give it to shorts today. If you're out there Unlucky, you made your daddy some money unless you decided to go long. Now that would be very unlucky!!
They needed something to motivate them to keep shorting after their astronomical losses since February! Most of them short due to emotion and just can't go long no matter how the metrics or fundamentals look. Once the Brexit vote is over and we rally back up, they will lose the gains they made this week because they are too stupid to go long. Who in their right mind would continue shorting oil since February while watching it double and their account balances dwindle week after week after week??? They sure come out in full force during the only good week they had in 4 months!