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Gold/Mining/Energy : NP Energy Cp New -- Ignore unavailable to you. Want to Upgrade?

To: GARY DECARLI who wrote (18370)	5/31/1999 2:58:00 PM
From: Skip Henderson	Read Replies (1) \| Respond to of 22810

A Bull market is when the Bull starts chasing the Bear and the market moves up. Think of a short squeeze as the bear running from a stampede of bulls! hehe A short squeeze happens when large amounts of stock are sold short and the shorters donot have the ability to buy the stock back and cover their position as the price keeps going up. The shorter typically holds on for a time to see if it turns down. When it doesn't they have to come into the market and buy stock to cover their short position. But then they also keep buying on the uptick for a run up to cover their losses on the originally shorted stock. These type of sqeezes can cause a stock to run up so fast that the shorters have to continue buying at market because no one is going to sell into a fast runup and causes steep gaps in price appreciation.. Hope that helps. Regards, Skip