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I have just started following stocks and would appreciate an expansion on
this trade. Are you saying that whenever an earnings report is due, people
cover their shorts, or is it because the report leaked positive results?
-----Original Message-----
From: Don Green <reen@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, October 14, 1997 2:21 PM
Subject: Day Trading (Stock of the Day)
>Just bought 1000 shares of Intel at 90.25, expecting a short covering
bounce
>prior to the close due to earning report soon after the close...
>
>
>Don Green
>Seattle
>
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