There has to be a large enough availability to short the shares. I think after yesterday's washout we should have seen a recall on all of those shares that were probably shorted from the strong pop on tuesday afternoon (I think that is what turned the chart purposely after we has such a textbook staircase up). This morning was a feint trying to see if there was anything left to shake loose. I think that shortage should give us a solid bounce today, but have to see consolidation levels and how quickly shares are made available for other purposes to go from there. I will be watching. :)
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