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To: Robert Voigt who wrote (8889)11/13/1997 4:28:00 PM
From: David E. Henry  Respond to of 97611
 
Why? Short covering after an initial pop up created by bottom fishers
Greenspan only provided the catalyst But there are buyers at the recent rediculous lows
Even those who short know this.
So any meaningful uptick after a significant slide will result in an
explosive pop up as shorts run to cover.
I think this means $60 is the bottom IMHO
Hold Tight!