did the charts know that oil was going to nearly $45 a barrel?
The charts mean as much to the market as they do to the results of a roulette wheel in Vegas.
Sure some peole were short this week and many weeks for some time the shorts have been plain wrong, hoplessly worng and then there comes a time when they are right. But this time that they were right had more to do with the Russian Mafia (aka the Russian Government) than it had to do with anything else.