it appears that... those who are short stocks in general are about to get squeezed big time. I believe too many are assuming the market has topped and went short in the last few days. As you all should know by now, things are never as easy as they seem. I am willing to stick my neck out and make the following calls...
rally in stocks to continue; a meltup wil ensue as every mom and pop chase this market higher and the shorts get squeezed on a daily basis
precious metals will breakdown below support levels next week and make new lows ending multiyear bull run
Cdn$ will trade down to 0.95; sequester related cuts will translate into a huge drop in retail spending as fewer cross borders make the trip south
the rally everyone is expecting in AAPL isn't coming, so stop averaging down. the co is planning on competing in the consumer electronics space by releasing cheaper, inferior toys that everyone can afford. AAPL is therefore the new Sony
a huge short squeeze in BB shares is coming. longs have to be patient as this may come right out of nowhere. the shorts will then attempt to smack the stock down again as it appears a double top is forming, however, the rally will continue when way better than expected earnings are announced.