other thing going on.
break of 10.50 resistance was key.
more buyers than sellers?
Seriously, the market does what the market does, sometimes there is an obvious reason and sometimes the reason is hidden. some times it's fundimentals and sometimes technical or momentium.
how do you tell the difference?
who cares? i'm here to make money not debate the reason for a move.
personally i dont think it was short covering. friday seemed too orderly for that. of course I'm probably wrong...
Dividend is tiny, isn't it? Why would that support a rally?
OK, then explain todays rally.
is it short covering