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To: Sarmad Y. Hermiz who wrote (103878)5/24/2000 9:46:00 AM
From: H James Morris  Read Replies (2) | Respond to of 164685
 
Sarmad, I only have two large bank positions. The big 'C' and Wells Fargo (Wfc).
I do play the bank index though. It's a basket of bank leaders.
>It must the shorts covering.
In this market only a frightened short would be covering.
A short with strong hands would stay.
Btw
The BKX up again so far today.