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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (7641)10/17/2002 2:48:26 PM
From: gypsees  Read Replies (1) | Respond to of 57110
 
Yep.. I am sure it has become much less but am not sure when they update the information. It's showing a ratio of 5.88 so maybe the covering is nearing it's limit.. hard to say for sure.

I think I understand now why a lot of rallies begin with massive short covering. It makes big changes on the charts and clears resistance points, makes bullish chart patterns etc... which may bring in new buyers...