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Re: pedro45 post# 8704

Thursday, 12/30/2010 1:52:26 PM

Thursday, December 30, 2010 1:52:26 PM

Post# of 34471
Today's trading should tell you a lot. Shorts simply cannot move it lower than $15.70 despite their best efforts. They are clearly realizing this and backing off. Shermdog might be spot on that there is a major hedge fund that is just trying to keep a lid on it so they can bonus out and then jump ship starting next week. They clearly are not equal to the task of taking CCME down any further.

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