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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: lifeisgood who wrote (15593)12/16/2002 12:51:28 PM
From: Steve Lee  Read Replies (1) | Respond to of 19219
 
Whether more shares are short than the float is irrelevant. You can't have more shares held short than are held long.

When someone has sold a short naked, someone else is at the other side of the transaction, meaning that more shares are held liong than are in the float.