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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Craig Richards who wrote (38662)12/6/1997 12:13:00 PM
From: Eve Edelson  Read Replies (1) | Respond to of 58324
 
> SPECIALIST S SHORT-SALE RATIO

I also found it in a week-old copy of Investors Business Daily
in my kitchen, toward the back of the first section, on the page
with the overall market info, like NASDAQ composite and daily
industry prices. It is in a small table called "Psychological
Market Indicators".

The public/NYSE specialists short-sale ratio is shown as 0.56,
0.6+ being bullish and <0.35 being bearish. This is a five-year low, i.e., as bearish as it has been in five years if I read it correctly.

Looking at the other psych. indicators in the table isn't too
illuminating for me, really. They don't all seem to track in
one direction or the other. The Eve psychological indicator is
fairly bullish right now :-)

Eve