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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: contquistodor who wrote (65545)1/3/2001 7:45:05 PM
From: Lazarus  Read Replies (1) of 122088
 
In all fairness...

one must admit that the bears have had the upper hand lately and although many stocks enjoyed substantial gains today [from both buying and short covering] In many cases the shorts have been in from much higher prices and the bounce is relatively insignificant.

having said that, i have no doubt that MANY shorts got burnt today, especially the johnny-come-latelies.

Bulls and Bears both have a tendency to make idiots of themselves at times.

Lazarus
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