it is making leap and shorts just pulling back and by that they dig deeper and deeper everyday.
Sentiment: Strong Buy
One of these days.... boom.... up $5
Maybe, Just watch the Volume, there is no conviction to the rally, Light volume rallies fizzle out.
macuder, There has not been light volume day for NQ since the Muddy report. With 40% locked up by hedge funds, 45% borrowed by shorts, there is only about 3 million float remaining.
NAS showed shorts increased their positions to levels not seen since Nov.:
Settlement Date Short Interest
Will come soon, don't worry :)