How far can this short squeeze go, right?  Many of those who bought into it may feel chastened when the markets spring to ostensible life Wednesday morning, so don’t expect the hysteria to work wonders for a second straight day.  Fortunately, we can use an objective benchmark to tell us if things are getting out of hand:  last Thursday’s 10272 peak.  Any progress above it today would need to be taken seriously, even by those of us who have to stifle a laugh every time stocks leap the Wall of Worry in a single badly misconceived bound.