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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%Nov 19 4:00 PM EST
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To: pater tenebrarum who wrote (25396)9/9/1999 7:59:00 PM
From: stockycd  Read Replies (1) of 99985
 
heinz,

one is that the NYSE short interest ratio has plummeted to 3,90 which is a multi year low and NYSE members have now been net sellers for 4 weeks in a row. this smacks of capitulation by the bears coupled
with selling by the smart money, not exactly a comforting thought.

This is very disturbing. The capitulation of short sellers will mark the beginning of the end.

C
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