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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (15912)5/17/2001 7:54:25 AM
From: McNabb Brothers  Respond to of 30051
 
Larry,

Since when have we been in a normal market? >VBG<

Hank



To: TREND1 who wrote (15912)5/17/2001 10:05:14 AM
From: Rich1  Read Replies (1) | Respond to of 30051
 
The market has been so bearish that its only natural to go up so the MM's can have all the May puts that have been sold since the end of April expire worthless..
According to IBD the short interest ration hit 4.50 on Tuesday the highest level since September.Its currently 4.52 the NYSE Specialist short sales is .099 anything above .06 is bullish..
We going to 1335 on the S&P..IMHO..


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