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Re: techanalyst1 post# 105526

Thursday, 05/08/2003 4:58:42 AM

Thursday, May 08, 2003 4:58:42 AM

Post# of 704041
techanalyst1: A rally based on momentum [whatever that is] and short covering is still a rally. Short covering is comparable to long buying; the effect is the same. The only difference is that the short covering may be to protect profits or limit losses while the long-buying is by those who are looking to sell at a higher price than they paid. A buy is a buy is a buy.

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