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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Herm who wrote (10328)	4/11/1999 2:05:00 PM
From: Lawrence Burg	Respond to of 14162

Thanks for the short totals, but they don't add up. The total shows an orderly contraction since July, while the monthly shares appear to be all additive. I assume the TRO (ToR?) changes based on the varying (or shorter than 52W) daily average volume. Also, I gotta think some of the short interest got stopped out on the gapper Monday. $6 to $7.25+ is 20% cushion...in the blink of an eye, too. Imagine others are debating the risk of losing their pants on a good run. I agree, though that the short stalwarts are setting up camp around 8 bucks. Should be an interesting battle...hype vice history...