Short sellers might raise the market to shield gains

INSUBCONTINENT EXCLUSIVE:
It is fair to say that short sellers have won this round
These investors, who typically bet on the price of an equity or asset going down, have made a killing amid the broader selloff that has
roiled US financial markets for the past month. The time has now come to protect those profits before stocks start potentially rebounding
On Tuesday, the S-P 500 Index gained nearly 10 per cent on hopes Congress will pass a massive spending plan to help boost an economy that
States have amassed mark-to-market profits of nearly $320 billion so far this year, out of which about $250 billion have come in just this
month
Last year this time their mark-to-market losses stood at about $104 billion, according to Dusaniwsky.