Shorts Are Scrambling

This mother of all squeezes are scrambling the shorts as the regional banks and heavily shorted financials like C and AIG are squeezing again.  We are now at the 2010 highs for the SPX, it is going to cause a total give up by the bears if we get through 1150 on SPX.  That's probably what it will take to end this rally.  I think we're very close price wise.  But we may churn near these levels for at least another week till options expiration.