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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (5804)	3/4/2005 6:41:46 AM
From: Vendit™	Read Replies (1) \| Respond to of 8752

All good shorts must come to an end. <g> AAPL is going to hit the lower L/R channel tomorrow and form a hammer as shorts cover and buyers step up to the plate. Perhaps by definition alone, short squeeze and short position covering are two different animals? All hammer candlesticks that are formed on bottoms are indicative of short position covering followed by long position buyers taking positions. The shape of the hammer shows these intra-day actions to be the case. Reid