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To: Shack who wrote (147919)8/13/2007 4:51:37 PM
From: Henry J Costanzo  Respond to of 209892
 
XBD today's market leader to the downside...but both XBD and GS broke DT lines last week, and as you note, have not made new lows Friday or today...FAish I guess, but stories making the rounds this a sector of heavy hedge fund short bets which they've had no choice but to cover...so watch closely...and be prepared to turn on that proverbial dime..LOL