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To: John Madarasz who wrote (77768)7/22/2003 2:18:17 PM
From: NOW  Respond to of 209892
 
Medelson says specialist short interst lows, last hour buying, and p/c spikes on down moves shows we are in a strong bull, consolidating gains here.



To: John Madarasz who wrote (77768)7/22/2003 2:32:59 PM
From: bcrafty  Read Replies (2) | Respond to of 209892
 
Thanks John, that's pretty bullish

Although the chart lists a ratio of public to specialists, the guidelines I've read for the ratio of specialists to public are above 3.5 is bearish and below 1.8 is bullish.

Right now it's at .64, which would be bullish indeed.


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