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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (1299)10/23/2001 9:27:53 PM
From: orkrious  Read Replies (2) of 99280
 
Jay, a decrease in short interest is anything but bullish.

Precisely why I said On the other hand, there is no built floor of "buyers" (shorts that have to cover), so the stocks can drop quickly

However, the above is meaningless. I screwed up. AMAT's short interest looked low to me so I posted without checking. Only NVLS, at 9.7%, is down slightly. AMAT is actually up slightly while KLAC is up sizably to 7.1% Sorry for the bad info.

It's too bad we don't have better info. Published info is as of 9/10, not very helpful now.

Jay
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