Rest easy long bagholders, it is going to be a bumpy year!with shorts riding it all the way to the bottom. Shorts always build positions at the high . So high is good. However, the S/p will be alot lower months from now when they cover. Shorts sell high in anticipation the S/P will be lower at a later date. In this case, many months from now. So day to day fluctuations mean nothing.
Always nice to see a possible paper gain, but means nothing until you sell. Even though most here are underwater, better to sell now, then wait! IMO So goodluck bagholders. We will see where the S/P is in a year from now....
All for now, until news. see you later....
GLTA