Oil ShortsSpecifically we noted that at a time when funds were the most short oil on record, the broader energy space "was the most net sold sector" on the Goldman US Prime book, "driven entirely by short sales, which outpaced long buys (6.4 to 1)."
And here, we said, was "the hint to the next mega squeeze" as the recent short selling in energy was the largest in over 5 years.
The above two paragraphs are from a news article this morning. I hate it when my shorts get squeezed. Fortunately, I do not own any oil shorts; winter is coming and I have my oil long johns on!