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To: SteveJerseyShore who wrote (1021)12/3/1999 10:48:00 AM
From: robert mc donnell  Read Replies (1) | Respond to of 2437
 
a wall street wag said: never go short in a bull mkt. the
reason is it's so easy to do a short squeeze. traders don't
care about fundamentals..they go by current supply demand
of available stock. when all the shorts borrowed available
supply, the savvy traders go long forcing the price up. then
the nervous shorts frantically cover at rising prices. thus
you have a classic short squeeze..