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To: Retta who wrote (3419)8/11/1999 4:00:00 PM
From: Herschel Rubin  Read Replies (2) | Respond to of 10027
 
Heavy buying starting after 2:30 pm BOTH yesterday and today. Must be a confluence of short covering against margin liquidation selling where the shorts buy up the shares shaken out of margin-called traders.

Today, short covering may be moving the stock more upwards than the margin liquidation selling moves it down.

It would be nice to close ABOVE today's open!

Looks like we're consolidating at this low altitude (the air is thicker here).

Retta:

FWIW - For What It's Worth
BTW - By The Way