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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 690.270.0%Dec 26 4:00 PM EST

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To: t2 who wrote (80911)7/27/2001 12:10:22 AM
From: 10K a day  Read Replies (1) of 99985
 
> The larger market cap stocks tend to have higher prices; so many in the Nasdaq are in single digits.
That is another reason why I believe that although Nasdaq short interest increased 4.7%, it is understating the change in dollars committed to shorting.


Yes. NV. Excellent point.
It seems reasonable that when stocks drop 80 percent a rise in short interest does not tell the true story.

Especially after an IPO mania.

BTW, I just can't get over the arrogance of reporting a decrease in proforma losses as a percentage.
Absolutely blows my mind.

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my brother
sit me right down and he talked to me
he told me
that i ought not to let you just walk on me
and i'm sure he meant well yeah
but when our talk was through
i said brother if you only knew
you'd wish that you were in my shoes
you just keep on using me
until you use me up
- bill withers
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