Looks like a squeeze today. That straight, horizontal line on the chart suggests the MMs are desperately trying to maintain composure and avoid a squeeze. Chances of a squeeze may be increased by (1) the shorts that came in last Thurs, and (2) the disproportionate call/put balance for the Feb calls...
No, I don't I think so. I believe that the bu$$ has made the highs and forming a double top here, just bailed out here at $35.14 for another $.42, completing the daily hexabucker. Back in with that second IBM here at $98.16.
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