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Strategies & Market Trends : Trend Setters and Range Riders

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To: Susan G who wrote (337)12/13/2000 1:10:19 AM
From: SMALL FRY  Read Replies (1) of 5732
 
...the overnight shorts will be tossing and turning tonight.

Since, like us, they have no idea how widespread the explosion is going to be tomorrow... I expect most of those guys will be very active in the pre-market covering their positions... today was a classic short driven downturn on most of the stocks I was watching. The quick runs and wall of selling was evident... towards the close there was the normal upturn on the day-players covering, but I'm not convinced a lot of hard core shorts covered.

SF
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