Post by
Maui527 on Dec 22, 2021 9:12pm
Action Reason...
Very clear that a significant short position needed to be closed prior to end of trading year and tax loss selling rules, hence today or tomorrow.
No material change to drive the increase other than the last 30 minutes of trading today. I see a pull back before January 4th.
After bthe 4th, we could see this start to move, but not at the rate that we witnessed today.
Cheers!
Comment by
8CornerPocket on Dec 24, 2021 12:50pm
Pretty accurate so far Maui... hopefully we will see things move forward at a healthy rate in the new year. Happy holidays to all!