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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Wyätt Gwyön who wrote (114470)7/25/2001 10:14:35 PM
From: mishedlo  Read Replies (1) of 436258
 
It is NOT short interest that matters.
It is puts vs calls.
The options pits are going to make money and if enough people keep buying calls then we keep going lower.

Plus I think a lot of shorts have been very very cautious lately. MSFT BS spooked a lot of them out as well.

Finally, how many of those shorts are boxed where the holder really has no position.

Very hard to make much of anything out of short figures other than it is going down eventually cause the bears are better informed in general.

M
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