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To: Sunny Jim who wrote (44501)12/6/2000 1:40:22 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
there is definitely short covering, as the funds were sporting a quite sizeable net short position per the CoTs over the past three weeks. now the sudden dollar weakness is forcing them out of their positions. whether this will develop into something more remains to be seen...imo there will be choppy trading for a while, with an upward bias...