Unfortunately the human nature has this thing called greed. When it gets out of hand that's when people get hurt. Peoplle got greedy thinking AOL will go up forever and they got hurt. Shorts will get hurt, because of greed. Stocks go down and they think, they will go down forever. My advice to shorts is you are better covering before Wed. This selloff is caused by panic because of one freaking CPI report. What if it is good on Wed. Just look at oil prices, they ahave droped since. Go do some shopping, do you see any sign of prices of goods rising. Don't let greed get to you. Take it from a seasoned investor, people get killed by greed whether long or short.
(re-post because i want to make you longs a bit more comfortable)
i made $800,000 last year because i did not panic sell. The big boys are collecting the bits (little at a time so you don't notice it)and pieces being thrown in by the small investor. This is foolish. Aol has not changed much between $175 and $90. Would you buy a car at $35,000 now and sell it back to the dealer for 17,000 in 2 months. Just hold on or even better, buy more (i am not kidding).