Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: donald sew who wrote (28899)	9/1/2000 12:23:02 PM
From: allen menglin chen	Read Replies (1) of 42787

Don, Stock newsletter writers were only 47% bullish (43% was the 2 month low last week), comparing to 54% from late July 2-month high. Short interest continue to climb from Aug 4 low, according to IBD's Aug 31, and Sept 1 "The Big Picture" column. "Still, many investors haven’t been convinced. Bullishness has declined among newsletter writers, while short interest has been building. Since the first week of August - while the major averages rallied - investors have been selling more stock short, betting that prices would drop. Now they’re getting caught in a squeeze. That gives the market an extra source of fuel as short sellers rush to buy stock to cover their positions." investors.com

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