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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (27856)	4/19/2005 2:07:57 PM
From: mishedlo	Read Replies (2) \| Respond to of 116555

"A bunch of funds sold the open and reopen," a desk manager said. "The trade was buying, there was end-user pricing and the market retraced with short covering. A lot of the day's volume was new shorts, however. I haven't heard any physical news." The London May contract expired Friday. Nybot May goes off the board on April 29. =========================================================== There could be a short covering rally headed into Apr 29th perhaps Mish