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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (7682)5/21/2001 8:28:30 AM
From: Lee Lichterman III  Respond to of 52237
 
Gersh - Yes the COT report showed a large jump in shorts but that data is as of the close Tuesday. I am curious if much of the rally Wednesday was them covering after the Fed instead of hinting the rate cuts were almost done made it sound like they were going to continue to print more money for the near term. If Wednesday was them covering, then we may have to wait a while longer before the 5th wave starts.

Good Luck,

Lee


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