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To: t2 who wrote (5975)2/3/2000 4:24:00 PM
From: Lee  Respond to of 24042
 
t2,..Re:. . CNBC had been giving a lot of time to the possibility of hedge funds getting stuck in big short positions.

They are talking about that now. It's probable that also many were short in front of the employment numbers coming out tomorrow morning since they are usually strong and bonds generally tank on strong numbers.

We can look at a commitment of traders report next week or sooner to see actual short positions by the commercials and speculators. <g>

The rapidity of the move also lends credence to massive short covering.<g>

Thanks,

Lee