1. Dealers will no longer need to buy to cover themselves, removing one factor that has supported prices. 2. He also said short sellers may be buying to cover their losses. 3. He is also looking for a supplier to reproduce the cotton cloth the Wrights bought to cover the flying surfaces of their machines. 4. He said short covering, or buying to cover bets that the bonds would fall, fueled gains. 5. Near the close, however, traders buying to cover short positions helped to turn the market back around. 6. Shock-absorbing pads should be bought to cover the steel frame, springs and hooks. 7. The report underscored continuing economic weakness and low inflation, forcing some speculators to enter the market and buy to cover their bets that bond prices would decline. 8. Those traders would have to pay the bill for any shares the bourse bought to cover positions. 9. Buying to cover short, or oversold, positions also contributed to the rise, they said. 10. Dealers said the market had been helped by investors buying to cover short positions, although trading remained nervous. |