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To: SecularBull who wrote (6413)4/13/2000 12:44:00 PM
From: Jill  Read Replies (1) | Respond to of 8096
 
A short squeeze, what a lovely thought. But seems like people wouldn't short here as we're bottomed.



To: SecularBull who wrote (6413)4/13/2000 1:02:00 PM
From: edamo  Read Replies (1) | Respond to of 8096
 
lof..."short squeeze"...

tough call, things are moving back and forth so fast with volume, that i don't believe the "short interest" is a valid indicator....

used to be a "short position" was a long term position based prudently on a negative change in underlying fundamentals...today shorting is more a momentum game, taking fundamentals out of the equation....go short at open, close at noon, short at one, close at three forty five...see this pattern every day in the price action....would be nice if the amateur day traders get wiped out...can have a more orderly and genuine market.....

that's why i went to cash...no fear of fundamentals, just don't like the "mad hatters tea party" the market has turned into....