Short Covering and Fresh Buying - Traders Laboratory

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02-28-2007, 12:49 PM

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Short Covering and Fresh Buying

First chart shows the decline and the initial short covering. Then we see new buyers appear. The second chart shows additional new buyers stepping in to lift price.

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	shortcoveringymatfib.jpg (162.3 KB, 83 views)
	shortcoveringymatfib2.jpg (96.1 KB, 80 views)

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