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To: Glenn D. Rudolph who wrote (8097)6/30/1998 3:49:00 PM
From: jach  Respond to of 164687
 
somehow if majority of shorts can hold on without closing when it's descending it will accelerate the downward once it gets started; with few buyers at these prices and with minimum shorts closing it'll give in - one possible contributor to this upsurged can be that sporadic shorts covering that upheld or even spiked-up that brought in more closings.
suggestion- can set targets to close every 10% increment from 30% down = 70$, 63, 56, and 50 ... etc.



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