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HOW does one identify and quantify short covering volume in
any given rally? For example, in the post below, how did Dennis
KNOW there was a lot of short covering? By watching CNBC?
or be being a Merrill employee?
Charles
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> From: Dennis Holverstott <dennis@xxxxxxxxxx>
> To: Omega List <omega-list@xxxxxxxxxx>
> Subject: Re: Short covering ---> SP00s
> Date: Monday, February 22, 1999 11:29 PM
>
> > Anyone know who was doing all that short covering today
> > through Merrill? I had to quit early and didn't have time to
> > find out exactly what was going on. TIA
>
> All I heard on CNBC was that it a "well known hedge fund". :-)
>
> --
> Dennis
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