The shorts have basically withdrawn in the past few years. The ones who make money in the market are the dividends and the 1000 stocks. The shorts are gone, and only the longs are left. They are all scrambling for chips. The market is very extreme. It doesn’t matter who buys, whether it is institutions, private equity, public equity, or retail investors. Their levels and strategies are also different! Those who are not on the train may be slow to get on the train. Those who are on the train are persistent, believe, and hope that there will be people who take over.