SPDR S&P 500 (SPY): My guess... Lot of shorts have stop l...

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denmo83

Re: 2bit-nothing post# 108136

Monday, 08/02/2010 5:02:29 PM

Monday, August 02, 2010 5:02:29 PM

My guess...

Lot of shorts have stop loss orders above 1131.

Low hanging fruit.

Free money for the operators.

Not a good idea to be short in an uptrend.

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