SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (14895)11/20/1997 8:56:00 PM
From: Nancy  Respond to of 50167
 
Jim,

the data is 2 week lag if you read the description - yes we are talking the same thing - the chart is based on data 2 weeks ago.

marketgauge.com

read the description - NYSE reports the short interests with 2 week delay.

<<Calculation & Significant Levels

Specialist and Member Short Position: The calculation is the same for both the specialists and the members' short position.
The size of the current short position is compared to the average size short position over the last six months. An increase of
over 30% is bearish, and a decrease by more than 30% is bullish. The NYSE reports the data weekly with a two week delay, but
the indicator is still quite effective.

Formula:
(Current short position) - (average short position of last 6 months)
-------------------------------------------------------------------
(average short position over last 6 months)

I bet you the shorts have scrambled to cover Monday/Tuesday when both DOW & SPX are about to break their downtrend channel from below.

Judy thinks sentiments do not change quickly - they seem to since Friday.

btw, how do you boldface and unboldface the post ? I know how to boldface it but dont know how to take it off.