MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Dan Duchardt who wrote (15561)	12/13/2002 2:02:26 AM
From: Joseph Silent	Read Replies (1) of 19219

Dan -- final note.... I read your message again. I apologize -- I'm a bit tired and only on the second reading did I see that part about the short % being computed with respect to either the float or the shares outstanding (and not the "synthetic" longs made from shares sold short). Indeed, you must be correct. I fully agree. That is why Mish and others see short %-ages above 50 and even above 100. Very bizarre, but true, it seems.

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