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Strategies & Market Trends : Groundhog Day -- Ignore unavailable to you. Want to Upgrade?


To: Outer-limits who wrote (3933)5/10/2002 12:54:37 AM
From: Rainy_Day_Woman  Read Replies (2) | Respond to of 6346
 
Well, today's action confirmed yesterday was just another short covering Bear Market Rally

exactly what TLC said, a short squeeze

it's not a rally

a short squeeze [for obviously you don't know] is when the price of the stock rises and investors who sold short rush to buy it to cover their short position and cut their losses - as the price of the stock increases, more short sellers feel compelled to cover their positions

rally is a substantial rise in the price of a stock or overall market, following a substantial decline

he was right

you were wrong

you might do better in the market if you have a better understanding of the terms you so loosely throw around

no need to thank me