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Strategies & Market Trends : Steve's Channelling Thread
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To: JRI who wrote (14079)4/5/2001 2:39:06 PM
From: Ted Downs  Read Replies (1) of 30051
 
Looks like some substantial short covering. I expect this rally to build into the close. If the numbers are good in the AM and the Chinese mess gets settled then shorts are going to have to cover again or get creamed . Not a good time to hold short positions anymore.
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