Mikee:
I can't believe your post "Short position grows as stock drifts downward". Do you really have ANY idea how the game is played? the pros can churn this sucker house to house and drive it to the ground if they want. All it means is that they are covering their own positions with other short positions from other houses. Sorta like "OLD MAID".......see who gets stuck holding the biggest LOSS! can't you see, Shorts are concerned.......there is only a few trading days left to cover their positions relative to year end deadlines. There in perhaps lays the 7.25 rally theory. READ THE FINE PRINT. What time is it? Still windin' your watch?
To all the real posters, both pro, and con, I wish you the merriest of Cristmas', and best of 98. It has been a pleasure. Thanks for the insights Bill, particularly on PFG. You are a true wealth of info. Patrick, Frank, and all, have a safe and wonderful holidy, with Family and Friend, and the things that really count. And yes......even you Mikee!
Mike |