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Strategies & Market Trends : Point and Figure Charting

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To: stan s. who wrote (8082)	9/30/1998 3:45:00 PM
From: MileHigh	Read Replies (1) of 34809

stan, Also, there are many people who believe RMBS is a very manipulated stock because of the small float, so it may not be a good indicator of supply and demand on a regular basis. Often times, RMBS MM's will stick it to the shorts as soon as they know they need to cover. They will aggressively move the ask higher and higher knowing full well the shorts are trembling. You will then see crazed buying (short covering), which is what happened on MON, IMO. They love every minute of it! I hear Dell MM's can be very tough on shorts as well. MileHigh

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