You nailed it iloveoptions. The operative word is BEARS... They "think" they're in control but once they realize they're not any longer they will have no choice but to cover fueling more upside :).
Funny we both started around the same time...
I remember my first trade so vividly. Made over a grand in a day and I thought what a genius I was and this trading sh!t is a walk in the park :D.