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  • sunwyboy sunwyboy Aug 26, 2003 12:23 PM Flag

    Something to consider.....

    If you had a long position and wanted to move out you would wait for a strong up day so as not to drive down the price too much. That's what we saw on Friday, selling into the strength of the futures.

    If you were short and wanted to cover without driving up the price you would do it on a strong down day as today. And as we see it is up on short covering on a weak market day.

    Lets try and think things through a little people.

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