Yes - this is the time the weak shorts cover. Markets are falling apart and before any intervention happens, we need to see real panic. Still not there - keeping all short postions and adding to a few. I did sell half tvix though.
On Mon/Tues - the new POMO sched shows the fed is indeed concerned as they are buying 4-5b each day. We may get a bounce that should get sold or maybe nothing and we break 12k dow.