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To: Ashley Campbell who wrote (89081)1/13/1999 4:21:00 PM
From: D.J.Smyth  Respond to of 176387
 
you're welcome. I'sa bet there will be some short covering at the open tomorrow. Several traders with very liquid positions sold and will do their wall street dance again tomorrow. The shorts are just as unnerved as the longs - despite their rhetoric (as the short positions increase, the market makers will find a way to create short covering - realtime earnings possibly?) Where is Joe Brataguligliaoongmeho when you need him?

This is an excellent way for the US Govt to garner more revenue - all those net holders must now pay taxes on their sales - for holding too long (like the rest of us).