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To: The Verve who wrote (106845)10/11/2001 4:34:15 PM
From: pam3001  Respond to of 152472
 
Verve-

Assuming that is the case (which I have often heard but never really determined whether it usually plays out) why would anyone buy at these levels, other than to short cover?

Also, why would technical people sell short now, thinking that the price will more probably than not come down? In your HO, how often are gaps filled? I assume > 50%, but less than what ?

Thnx for your reply.