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To: PaperChase who wrote (72616)10/29/1999 8:41:00 AM
From: pater tenebrarum  Respond to of 86076
 
PC, you are right that it's not as big in relative terms as it appears in absolute terms...in fact the NYSE short interest ratio is basically on the bullish side of neutral. but still, there are lots of short positions out there that await covering, and now that the market has broken through it's down-trend lines we'll probably see a few days of frantic covering...