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Technology Stocks : Spansion Inc.
CY 23.820.0%Apr 16 5:00 PM EST

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From: bobs104/10/2008 11:05:59 AM
   of 4590
 
Interesting morning once again. It looks like the buyers have changed from giving the shorts a gentle nudge to a gentle stick in the ass. Further, it looks to me as if the shorts are getting a lot less willing to dump good money after bad.

Having failed yesterday to keep the price down and considering the still tepid selling by stock holders, there should be room for an up day today. Still, it isn't in the buyers best interest to push the market up too fast so we'll probably see modest gains until earnings. The real question is just when will the shorts ranks start buckling?
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