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Strategies & Market Trends : Rande Is . . . HOME

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To: mike machi who wrote (37917)10/10/2000 7:24:16 PM
From: Jane4IceCream  Read Replies (1) of 57584
 
Much of this volatility stems from daytrading and from traders learning to short stocks realizing money to be made both ways. Many traders are still reluctant to short stocks because it is "not the norm." And over the past months, the short interest on stocks we trade has increased in numbers like never before equalling more pressure on stocks when bad numbers and unrealized expectations start to creep in. The resulting freefall is like a snowball rolling down the hill. Most stocks on my watchlist or others I watch trade are obviously being shorted to no end even after a rally on news.....which many times is short covering itself.

My opinion only.

Jane
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