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

To: Softechie who wrote (83414)	6/22/2002 10:31:05 AM
From: DebtBomb	Read Replies (1) \| Respond to of 99280

Hehehehe, that's where the next bear market rally will come from, IMO.

To: Softechie who wrote (83414)	6/22/2002 10:41:54 AM
From: t2	Read Replies (1) \| Respond to of 99280

What is interesting about the NYSE Short Interest numbers is that of the about 500,000 increase in shorts, 300,000 of the increase resulted due to 2 stocks, Nortel and Lucent. Of course these increases probably resulted primarily from the issue of convertibles from these companies. I think that headline Short-Selling Sets a Record Pace On NYSE After Dip Last Month is very misleading. The Nasdaq number is going to be very interesting...expecting to see a decline in short interest on that exchange.