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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 83.20-0.3%Nov 20 3:59 PM EST

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To: B. A. Marlow who wrote (6408)5/30/1999 1:38:00 AM
From: gridiron 99  Read Replies (1) of 28311
 
<There was
unmistakable short covering on the Naz in the last hour; that seemed to take the Naz up
15-18 points.>

Do you think there will be more shorts covering on Tuesday ? I, for one, really think they'll continue to cover on Tuesday. Shorts are very predictable. During the downturn and they smell blood, they get in and short everything they can lay their hands on, but when there is sign of recovery, they'll get panic and cover everything.

Shorts played a big factor in dragging the market down in May. I believe they will help bring market back up in June.
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