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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: idealist1 who wrote (6076)	9/22/2000 1:40:08 PM
From: xtahce	Read Replies (1) \| Respond to of 100058

idealist1, please excuse my foolish ignorance on this subject, but I was wondering if what we're seeing are those that shorted over the last few weeks are now covering and that's giving us a false sense that there are buyers out there? Is it possible that once the shorts are covered there will be a lack of buyers and the strain of their absence will cause a further fall in the markets? Could we be seeing some stocks, that didn't have a high percentage of short positions (or the shorts were covered last week negating them) experiencing a decline today while those with a high short percentage are rising/stalling? What happens when the margin calls go out? I only ask because I don't short or position trade and I don't utilize margin. >>"I didn't buy anything this morning because there was no capitulation that I could see. I think the bottom is yet to come..."<< I agree, didn't pick up anything either, and I could be totally wrong as well. As they say at times it is "better to err on the side of caution" (did I get that quote right LOL - experiencing mind frazzle this morning!) TIA X