Sat, May 25, 2013, 2:22 PM EDT - U.S. Markets closed
Are we into short covering or is that yet to come?
It begins now. They can never cover as fast as the short ratio implies, or they move the market even more.But shorts are not without resources. They might bide their time and this could be a slow bleed for them.If gold continues above 1800 they will just jump ship.