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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Psycho-Social who wrote (44301)3/27/2002 12:17:21 AM
From: t2  Read Replies (1) | Respond to of 99280
 
P-S, Short ratio has increased from mid Feb to mid Mar. I would also note that volume has even dropped off further since mid March. So the days to cover has probably increased even further.

That and the fact that big caps were being shorted according to this latest data is what makes me extremely bullish near term.

jmho



To: Psycho-Social who wrote (44301)3/27/2002 12:36:06 AM
From: mishedlo  Respond to of 99280
 
I am not sure how relevant short interest is at all.
When we sank in August and Sept I am sure it was higher.

Only when the turn starts does it matter.
Now, are we turning?

I hope so cause I got calls, but I am not counting on it.
Furthermore each rally dies quicker than the last it seems.

Let's see if this one has leggs.

M