### Comment:
So its sort of like an ER rundown instead of an ER run up? Investors maybe planning to hold through ER or buy in after since the short % is so high already? I don't expect many if any bad ERs with tax cuts... If thats the case, is that why shorts aren't covering because they kind of have a chance up to earnings now? I think we saw some covers in MU today, but I'm still pretty new at this.

### REPLY:
Yes rundown but pretty muted because we have been selling off for 10 weeks already.  I have no idea where the short interest is on stocks right now because even they have been getting screwed on the huge gap up days.  We have options expiration next week for April and both SPY and QQQ are about 3% below where they should be as of today so hopefully we at least get that much of a run shortly.

### END.