Not out of the woods....

Technically speaking, the charts do not look well. The "Shorts" are losing money in a market that has been trending down. Why is this a negative?It is not a good sign because they have been the only capital providing support. As twisted as it sounds, whenever the market shows any strength, they come in and buy to cover their positions. There is not real interest in stocks at these levels. Poor Tecnicals + Poor Fundamentals = Lower Prices.