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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (61291)5/3/2002 1:33:16 PM
From: Paul A  Read Replies (1) | Respond to of 99280
 
I think some of the shorts on the biotechs got a bit too greedy..Nobody was covering this morning when it sat down at 48/49 for a good while..

In fact, I think that shorts are complacent right now and thats why the drop was so exaggerated this morning.. Simply no short covering which is 1/2 the equation, no?

...To be honest, IM shocked that IDPH recovered like it did.. thats why I think it goes much higher : ) if only the market would cooperate..


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