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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (21488)8/30/2001 6:40:46 PM
From: robert b furman  Read Replies (1) | Respond to of 24042
 
Hi Jake,

The NAZ has had record outstanding short positions for the last 3 months. July equaled 4.06 billion up from 4.01 billion in June.

If margin has remained stable and short are margin - then when covered (assuming at some pretty good profits) then upon covering (assuming at the bottom) overall margin should decline quite severely.

In fact there should be some powerful purchasing power.

Bob

Bob