by Rick Ackerman
The stock market seems to be in short-squeeze mode, or biding its time until the next short squeeze, about 95% of the time.
And so it was Monday night, with index futures looking too enfeebled to do much more than slither sideways. We already know that it won’t take much in the way of news to send bears into a short-covering panic.
If it takes till Friday to get the old squeez-aroonie going again, would that be too long to wait? No matter. Unlike most of us, Mr. Market has all the patience in the world.