The futures are in limbo this evening, unable to sustain their Buffett-induced choke hold on shorts, but equally unable to give back all of their artificial gains. My bias is bearish nonetheless, since the futures at the height of the squeeze failed to get by a single prior peak even on the lowly 5-minute chart. This insufficiency could be rendered moot by a flurry of buying at the opening, but I’d view such a thrust as an opportunity to get short. If so, look for further details in the chat room and possibly under Intraday Notes._______ UPDATE: The 1210.25 peak hit on the initial Buffett spike was never exceeded, and the futures came down overnight to a so-far morning low of 1184.25.