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Strategies & Market Trends : Waiting for the big Kahuna

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To: Greg Jung who wrote (9909)11/17/1997 1:19:00 PM
From: Tommaso  Read Replies (1) of 94695
 
I have just spent about 45 minutes looking for a site that answers your questions. I am at my office and my books are at home, but I think I remember that discussion of oddlot short sales as a technical indicator caution that sophististicated shorter use oddlots because they are executed at the last trade price (shorted) without having to wait for an uptick. I may be wrong.

I wasn't trying to challenge Bill on his own turf, but the classic case of a very high oddlot short sale ratio is that it marks the final washout of a very long decline, which we have not had, when the really ignorant gamblers get in. Kind of like the dipsters buying the tech stocks today but in reverse.

As for the figures on retails and professional shorts, you get something in that direction here, though not quite what you wanted:

marketgauge.com


For a discussion of short selling (but without the uptick rule exception mentioned):

savoystocks.com

I will keep looking. Maybe someone else will chime in with something.
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