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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (84067)3/22/2001 12:47:35 PM
From: marginmike  Read Replies (1) of 436258
 
Luc we have a good old fashion Short squeeze in tech as Hedgies close out the long Dow/S&P and short Naz hedge. I think that any move in tech could be explosive but once hedgies are done it will revert back to the down trend. If you notice the last few days the stocks rallying have been the ones with the heaviest short positions. Also the QQQ/100's are way outperforming the dung which probably is someone unwinding QQQ short's
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