Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (80911)	7/27/2001 12:10:22 AM
From: 10K a day	Read Replies (1) \| Respond to of 99985

> The larger market cap stocks tend to have higher prices; so many in the Nasdaq are in single digits. That is another reason why I believe that although Nasdaq short interest increased 4.7%, it is understating the change in dollars committed to shorting. Yes. NV. Excellent point. It seems reasonable that when stocks drop 80 percent a rise in short interest does not tell the true story. Especially after an IPO mania. BTW, I just can't get over the arrogance of reporting a decrease in proforma losses as a percentage. Absolutely blows my mind. \|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\| my brother sit me right down and he talked to me he told me that i ought not to let you just walk on me and i'm sure he meant well yeah but when our talk was through i said brother if you only knew you'd wish that you were in my shoes you just keep on using me until you use me up - bill withers

To: t2 who wrote (80911)	7/27/2001 1:39:33 AM
From: The Freep	Respond to of 99985

Interesting stuff on the short interest, NV. On another front, you write. . . <<There is little doubt that the high shorting level is partly responsible for preventing this Nasdaq from retesting April lows as the technicals seem to suggest.>> I found this interesting as you've many times said you don't know much about "the technicals" of the market (though are learning). Also, I'm actually a little hard pressed to find a lot of people using technical indicators that say we're due to retest the April lows right now. Got some examples? Anyway, the short interest stuff is hard to figure. You might be right. Impristine might be right. It might be a combo of the two, but at a certain point I'm sure you're right: it'll decrease and stocks will bounce with buying. But when? That's the trillion $$$ question, and I don't purport to know the answer. Recall that for a few months you were basing a rally call on funds buying. But further study implied they didn't, causing your three day bear binge (at an excellent time for it, I might add!). Will short interest follow the same pattern? Just food for thought. the freep