================= And more power to them; shorts help fuel the rally when they cover, as Art Cashin said, director of floor operations. Spring season started March 20.
Great to get another post from you Murray!! It is true that short covering can accelerate a rally. One point to remember though is that if the shorts are deep pocket commercials, then there will be less panic short covering and more likely, a dip in prices. However, if the shorts are speculators, then look out above.
I've implemented the system that NihabaAshi uses in this morning's trading session, I must admit it was spot on in all 3 trades, actually yesterday as well. B1S2 perhaps you would like to check it out, it might work better during certain days, when your system can not establish clear entry signals.