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Strategies & Market Trends : Tech Stock Options

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To: F Robert Simms who wrote (52933)9/17/1998 6:34:00 AM
From: donald sew  Read Replies (1) of 58727
 
BOB,

>>>>>>>>>> There are a lot of people short. I think my Grandmother might still have some puts. AMZN(16%) and YHOO(10%) went up a lot today. I think that a lot of stocks have a lot of shorters. Do your indicators take into account short squeezes? How can the market fall? Who is left to sell who hasn't already sold. Shorts can only buy. <<<<<<<<<<<

Most technical systems do take into consideration minor fundamentals/news and other functions in the market. It will just delay or increase my signal depending on the change.

Well, the futures are down big, so my CLASS SELL may be working.

As to answer your question as to how markets can fall in short squezes, well they dont last forever as hinted by the huge dump in the futures(which of course can change). Also this is a short squeeze in a down market not an up market.

Seeya
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