Of course if it were my program I would do that just to get a better place to short it down. Probably why I am a little retail trader sitting at my house. Lol.
Where is the origination of this "talk." If you are getting it off of CNBC or one of their counterparts, most all their sponsors want one thing - for people to keep money in the stock market - that's how they make their money. Most all the people they interview want one thing - for people to keep their money in the stock market - that's how they make their money. Now CNBC and the rest do have on token bears now and then. BTW just completed a succesful long trade. Still down for the day --1.5. These are not a valid trades for the log, , just a comment, that I don't do all short trades. I don't watch CNBC.
Still holding short...Although I almost pulled the trigger at 1166.XX Now I am kicking myself. Hopefully there will be an end of the day sell off. Sold short at - 1204 Stop pulled down to 00.50 target right now EOD