LT,
In one of the dozens of investment tomes I read
and re-read, someone smart said to watch out for
record short volumes in a stock. Whereas low
short volumes mean nothing, and generally high
short volumes can be contrarian, record high short
volumes may mean that some smart money knows
what's up, so you better not be in the way.
Can this be the case with the NYSE? That's my
bet. Not all institutions are smart, but not
all are dumb either. In the
Bear Book there's a story of several who retired
on their profits from the 87 mini-crash.
Boy, I've done what I can to stir up the
Dellhead thread, but no takers. Maybe they don't
like your name. If I write anything sensibly
bearish, it's just ignored or misinterpreted.
No flames though.
Mike |
