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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Amigo Mike who wrote (38)3/23/1998 10:17:00 AM
From: James Strauss  Respond to of 13094
 
Short Shares...

>>>How do you factor the short shares into your strategy. For instance, we all love RECY but the shorts increased in February if I am seeing the right data.

I agree that RECY will move near term. But the short increase bothers me somewhat.
<<<
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Mike:

I don't factor the short interest into the initial scan... That can be done on a secondary Fundamental look at the scan results... Usually when a stock is surpassing its 13 week high on strong volume and positive MoneyFlow, all secondary factors are already accounted for... Sometimes, it is this very same Short Interest that is propelling the stock upwards at this time...

Jim