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IBDvalueinvestin (99.67)

No Fancy reasons why Shorts cover before Long Weekends.

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May 26, 2010 – Comments (1)

But two reasons  are simple :

 

1. Shorts don't like to pay the 3 day margin fee's to banks.

 

2. For some reason governments love to come out with market saving news after long weekends.

1 Comments – Post Your Own

#1) On May 26, 2010 at 4:24 PM, russiangambit (29.30) wrote:

These who have margin ( which is required for shorting) normally hold long positions also on margin. So I see no difference.

The second point is valid.

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