[sgbuffett]

HSI attempts to rally today. Pro traders have all covered their short positions profitably and will watch from the side or reverse to go long ....to add to the pain of those caught with short positions.

My plan is to stay at the side.

I already covered my shorts to watch the fireworks.
Today indeed kateks die pain pain if they did not cover at beginning of the day and waited...yesterday was a weak red day so many non pro traders  probbaly shorted 

There will probably be a massive short squeeze in the afternoon ...as pros squeeze the short sellers for their last drop of blood. ...correct way was to close short positions thjs morning but many  amateur traders probably held on hoping for prices to come down.