Market Commentary: 10-21-2011
In the last few weeks I have been studying the markets and reading an unimaginable amount of news from all over the globe. In my estimation, the recent stock market bounce (that started on 10/5/2011) has been a result of three things: Until recently, the number of people betting against the market (short interest) was fantastically high. Often this kind of market imbalance ends with what is called a short-squeeze, where the people betting against [...]