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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Jon Tara who wrote (7465)	3/16/2000 1:49:00 PM
From: OZ	Read Replies (1) \| Respond to of 18137

Due to the difficulty involved in shorting an IPO on the first day, I doubt that those transactions you saw were in fact shorts. It is very difficult (though possible) to find a US broker the will show Affirmative Determination and allow the short on the new offering. Since you said almost all the transactions were indicated as shorts, that would mean that the indicator is probably incorrect. Is that Q charts that showed this data. I seriously doubt that information is really available regardless of what the quote vendor says. I believe I recall Q saying on their website that it was. OZ