Monday, July 30, 2012 1:47:17 PM
So, IMO, confidence remains in place, euphoria has taken a vacation, we haven't lost ground since 6/28.
Short Interest has dropped from 10500 to only 1000. I don't really like this because a large short interest either means a drop is not really not in the near future, or at least people don't really think so, and lack of a large short interest almost always means not a large pop up on news because of a short squeeze.
We are not good but OK for now.
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