After a quick rinse in the first hour of trading Wednesday, the squeeze was back on as the SPDR S&P 500 ETF surged 4 points (3.4%) from low to high. Weak shorts were forced to cover, and it was off the races for stocks. But just when it seems all was well with the market, a harsh pull-in in the last half-hour of trading erased nearly half of those gains. We have seen this type of behavior…

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