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

To: Dave H who wrote (8476)	11/27/1997 11:49:00 AM
From: Kulnor	Respond to of 79368

[Portfolio and Pow update] geocities.com P2

To: Dave H who wrote (8476)	11/27/1997 2:14:00 PM
From: Dave H	Read Replies (1) \| Respond to of 79368

Is Short Interest a Contrarian Indicator? I'm wondering how to interpret short interest volume increases and decreases -- if short interest dramatically drops, would that be a bearish or bullish indicator? Example: APCO in the last 4 months, short interest has all but disappeared (in july short interest was almost equivalent to daily volume; in october, short interest is now equivalent to 0% of daily volume). If no one in the "public" thinks APCO is going down, might that imply a negative price move? Or, is short interest not contrarian at all? Can Anyone more knowlegeable about short interest help out? Thanks! dave