Where like loser george on queen for a day just keep going down.
Today, of course, is May 1st.
Most fund managers (and programs) are set to 'sell in May and go away'.
They lighten their portfolios and move a percentage to cash ... historical averages dictate this is the most prudent course of action.
Most prudent action for the shorties is to cover their short positions so that they don't get squeezed while they go away on vacation.
Sentiment: Strong Buy
NatGas up - check
Rails in revovery - check
PRB futures up - check
stockpiles falling check
accuweather predicts hot summer - check
Arch in the RED - CHECK
you have to grin and BEAR it. You don't have billions of dollars to make sure the options you sold expire worthless.