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


To: vagabond52 who wrote (33807)5/16/2001 1:18:59 PM
From: stan_hughes  Read Replies (1) | Respond to of 100058
 
vagabond - Yep, all that stuff is true, but the other side of the coin is that "all that stuff" is getting priced in here.

The only thing that would truly keep me at bay is a panic short squeeze near term. It's now a greater risk given this co-operative market, and something that I would not have bothered to consider before this morning's action. It's still rising as I type (almost $59 up 9.35) with a continued imbalance on the buy side.

If you haven't looked it up yet, there were ~6.4MM or 12 days volume short at last report.