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To: sammy™ -_- who wrote (59)	5/23/2006 12:50:02 AM
From: sammy™ -_-	Read Replies (1) \| Respond to of 1939

Two important factors of this indicator should be evaluated. First, specialists are short-term traders. Second, only fluctuations to an extreme are considered significant. When both components (specialist and members) of this indicator have exceeded +30% over their average there has been a tendency for the market to go sideways or down over the following two weeks. On the other hand, when both components indicate short positions are 30% smaller than normal it is a bullish opinion worth respecting for the following two weeks.