Discussion in 'Stocks' started by stock777, Jul 10, 2008.
Don't think we will see a major squeeze until the market starts to turn around.
GM up today. Aint it amazing
Glad you had it. Another timely call from the man
Fade any price above 110.96 on DIA, and 123.84 on SPY.
Up giant since my unambiguous and clear call to buy GM.
If you didn;t follow my call (97% accuracy over the past year) you should be ashamed.
how much did u make on it?
When do I sell?
e = effectiveness of squeeze
delta = time between now and bankruptcy
k = proportionality constant
e = k(delta)
Another way to put this is that the propensity of shorts not to cover in a squeeze rises as the likelihood of further business deterioration increases. GM squeezes will be less and less effective as their business deteriorates further.
Separate names with a comma.