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To: Pete who wrote (4836)12/22/1997 2:37:00 AM
From: StaggerLee  Respond to of 27307
 
It's scarey to think that we're in squeeze territory...but I suppose it's inevitable. All these insane high fliers tend to have a blow off top before they ultimately crash. I'd just as soon get it over with -- But I think a true squeeze will push this thing into the high '80's, with all this short interest.

Folks like me are willing to withstand a 40%-60% loss....but I ain't no punching bag.

StaggerLee
ICQ 5339935



To: Pete who wrote (4836)12/22/1997 3:44:00 AM
From: fut_trade  Read Replies (2) | Respond to of 27307
 
Sorry -- no squeeze yet. You don't get a squeeze unless shorters cover. What made the price increase was institutional buying.