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Post# of 704019
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Zeev Hed

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Zeev Hed

Re: a/operator post# 107211

Tuesday, 05/13/2003 3:52:11 PM

Tuesday, May 13, 2003 3:52:11 PM

Post# of 704019
Yes, paucity of short covering does make declines sharper, not just because of the lack of buying but because those inclined to go the dark side become emboldened when a decline develops and thus they accelerate the move by further shorting.. QLGC went at $47.45 a penny loss, and MERQ went at $36.74 for $.16 loss. got to take some losses as well. CYMI went at $29.96, a minor gain, not worth the play, but I got to reduce exposure overnight here (now at the desired 50% cash level).

Zee



AZH

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