Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 41.75

+8.2%

4:00 PM EST

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To: da_cheif™ who wrote (12712)	1/1/2004 1:06:32 PM
From: FlameMe	Read Replies (1) of 207338

NYSE MEMBER NET BUY/SELL: As a rule NYSE member firms are net sellers of stock. When they are net buyers three or four weeks in a row, an intermediate-term rally is likely. Member Net Buy/Sell X 1000..: 12/12 12/05 11/28 11/21 11/14 -------- -------- -------- -------- -------- +9872 +8754 +500 +27338 -36689 (and that doesn't include the 11/7 week which was +540,000 x 1000!! one of the largest i've seen). NYSE SHORT INTEREST RATIO: Is the total outstanding shares sold short divided by the average daily volume for the last month. A value greater than 5.0 is bullish because it reflects excessive pessimism and represents potential demand if the market rises causing short sellers to cover. Bullish readings tend to lead the market by several weeks. The reading as of 12/15/03 is 5.70, which is BULLISH. NYSE Short Interest Ratio...: 12/15 11/15 10/15 09/15 08/15 ------ ------ ------ ------ ------ 5.70 5.30 5.50 5.80 5.60

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