Hey everybody,
I'm really trying to stress the idea that we've seen this exact move before so that you guys don't lose money trying to short this rally off the bottom; many names suggest that we're literally 1 for 1 repeating the previous markdown we saw a few months ago. Nothing is different in my eyes. I don't know why you guys are trying to short here- virtually everything I look at suggests this rally is going to have significant follow-through. Never forget, things don't go down in straight lines.
I'm really trying to stress the idea that we've seen this exact move before so that you guys don't lose money trying to short this rally off the bottom; many names suggest that we're literally 1 for 1 repeating the previous markdown we saw a few months ago. Nothing is different in my eyes. I don't know why you guys are trying to short here- virtually everything I look at suggests this rally is going to have significant follow-through. Never forget, things don't go down in straight lines.