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To: fut_trade who wrote (4839)12/22/1997 3:53:00 AM
From: Bill Wexler  Respond to of 27307
 
Bull! Peter, name one institution that was buying at 60, besides a mental institution.



To: fut_trade who wrote (4839)12/22/1997 8:06:00 AM
From: santhosh mohan  Read Replies (1) | Respond to of 27307
 
Peter, you keep insisting that a short squeeze can only be evidenced by a decrease in short interest. That is fallacy. What is happening is that the weaker hands are folding, but new shorts are placed as the stock moves higher....until we get to the proverbial straw on the camel's back.