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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: American Spirit who wrote (76802)	5/11/2001 12:30:35 AM
From: mishedlo	Read Replies (2) of 99985

Still I can't agree that shorts will not feel nervous holding positions into a rally. This is setting up to be a short squeeze nomatter what IMHO. The shorts are nervous as hell. That's why they have all covered. That's why unless the institutions step in big time to buy a known event, the shorts will pile on. With most stocks above max pain, and the institutions already in, with money flow negative it is silly to be fully invested after this huge runup IMHO. M

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