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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: freelyhovering who wrote (8259)	11/23/1997 1:57:00 PM
From: Dave H	Respond to of 79532

Myron, (re: public/NYSE specialist short sales ratio) Wow, you remembered that post! Yes, unfortunately there's a time lag-- it looks like it's a two week lagtime. I will make sure to post the next numbers that come out, and if I can the prior number i'll post that too. I think it might be quite significant seeing as it is at it's FIVE year low. If the next ratio is still around the same level, I'd say it's definitely something to consider seriously. Oh, FYI 1 year high was on 6/13/97: 1.39 5 year high was on 6/14/96: 2.25 and, as mentioned previously, 1 year low on 10/31/97: 0.56 5 year low on 10/31/97: 0.56 IBD says greater than 0.6 is bullish, less than 0.35 is bearish. -dave