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Strategies & Market Trends : Steve's Channelling Thread

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To: Pink Minion who wrote (15140)4/29/2001 1:42:33 PM
From: 5handicap  Read Replies (1) of 30051
 
ex-Dil I think Zeev is probably right in that the percentage of shares short compared to the overall market cap is quite small. (I think he quoted 3% if my memory is right). But so what if most of the long position is held in LTBH positions? It seems to me that the important point is, on any given day, how much of the trading is long buying, versus short selling? And lately (6 months) I think the shorts represent a lot more than 3%. Just my sense, I don't know how to show this is right or wrong..
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