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To: chartseer who wrote (29607)3/3/2001 9:39:00 AM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
chartman

that is very true

in "normal" market conditions we try to focus on a few stocks that have fallen hard and which we think are loaded with shorts

frequently those have a late Friday run for the reasons you listed plus daytraders covering before the weekend
a lot of shorts prefer not to take the risk that some "news" over the weekend will cause a Monday gap up open

the early run Friday changed that equation