I hear ya.
but!
say the shorts that covered was the manipulator ( same manipulator that has been driving down prices, trying to force capitulation ) he just changed teams... and he's a hell of a player.
put that in your pipe and smoke it!
LOL
That too is possible. In my opinion is less likely because these kind of godzilla traders usually don't use margin. I can imagine they even manipulate the money-market (the swaps...). For example, remember how USD swap rates increased at the end of may? Sure people were going long, but the rate was sustained by big fat multi-million dollar swap bids... from august on instead the situation is the exact contrary, including big fat USD swap asks. Oh god, this is so fucking complex. aaaaah
EDIT:
Watch this, it is fun