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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 677.58+0.3%Nov 5 4:00 PM EST
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To: American Spirit who wrote (76904)5/12/2001 1:58:34 PM
From: t2  Read Replies (2) of 99985
 
Luxuriating in Summer Bull Market?

Of course many will disagree with this article...but the points about a compressed rally and short covering is what I find interesting. When we see this month's short interest, there is no doubt in my mind that it would be higher than April....and that can be a key ingredient as part of the case for a rally.
biz.yahoo.com
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