The Easter Bunny Effect

by Rick Ackerman

The vicious short-squeeze that brought last week to an end was still in effect when index futures opened Sunday night, although DaBoyz were being careful not to push it too far before stocks open Monday morning.

If bears seem relatively calm at the moment — the S&Ps are trading just six points higher as of around 10:30 p.m. Eastern — it’s only because they evidently think the Easter Bunny will protect them till midnight.

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