volume of the futures contracts and etfs are at record levels. Volume has held steady at elevated levels since September when the recent downtrend began. This actually doesn't bode well for shorts. The very high volume means that the market can easily surge 10%-15 in a few days due to the symetry law, and then hold those gains befiore rising evemore. Only if the volume contants considerably as in the case of Japan and Germany would shorting be less risky. I suggest covering all shorts profits now. The pain is going to begin. Just like in 2002 and 82. peopel have not forgotten about stocks. The funsds see value and they will buy accordingly as indicated by the volume.