If the market declines, they can cover their positions later at a lower price.

"When the numbers came out this morning, the shorts wanted to cover their positions."

Still, traders had to buy dollars to cover their positions.

They needed to buy shares to cover their short positions and he was the only possible seller.

They cover his positions on various controversial issues of theology.

Traders said market participants who tried to cover short positions ahead of the data were hurt.

"We are seeing real buying here, not people covering their short positions."

Now that the stock is up, he said, they must purchase shares to cover their positions.

The market will try to cover short positions and the dollar may go back to 126.50 or 127 yen.

"Any indication to the contrary means that some people will buy the stock to cover their short positions."