The document discusses how short sellers got trapped in market dips and weak bulls got scared. It analyzes technical trends and support lines, noting how the trendline was broken slightly but the sloping support line held. This trapped short sellers and scared weak bulls. After effects included a large gap up move of over 20% and stocks exploding past resistance levels with accumulation. The document concludes by saying to watch the market closely as it approaches 16200-16800 levels for signs of a large correction.