Buckeye, your are correct, huge buying last Friday with carry through today. My numbers are estimated at 100k short covering per month (maybe a tad less). So this volume is something new as you indicted. IMO you are the brightest bulb on this message board bar nobody else. This is happening faster than I would have thought, so I'm going to slow down and think about things. But buckeye, I think you have pretty much nailed this thing. Congrats to you. I read and think about your comments. Roach adds an important aspect too, so keep talking Roach.
As an aside, don't forget this entire market is crazy. QE1, QE2, Twist 1, Twist 2, QE Infinity coupled with a continuation of Twist Infinity, TARP, and whatever. ECB right along too. This is the biggest central bank experiment in the history of the world. This is not going to resolve itself in a pleasant sort of way. I don't know what is going to happen, but I know I don't like what is going to happen. But in the meantime, I read buckeye comments and reflect on them.
Buckeye & Roach, I hope someday we can enjoy a few beer together. It might happen.