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Strategies & Market Trends : Multi-Day Momos -- Ignore unavailable to you. Want to Upgrade?

To: Lawrence Burg who wrote (17)3/20/1999 5:13:00 AM
From: Lawrence Burg  Read Replies (1) | Respond to of 397
 
Rule...A healthy short interest, in the absence of significant events which could positively affect the FA, is not necessarily a good thing. The shorts are as interested in keeping the price down as you are in it going up, maybe moreso.

In LWN @ 1 13/16 on the rebound yesterday. Out for a little loss at 1 11/16 before the bell. Decent volume, down tick. Price hit $2 like a brick wall.


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