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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (9561)	6/3/1998 11:31:00 AM
From: Marconi	Respond to of 18691

Hello R. D. Bushman: << another factor that may be contributing to the historically high short interest is the various forms of arbitrage going on in the market these days compared to "history">> Wow! that really compounds the problem of interpreting short interest statistics beyond my single-minded thought! Even more fodder for academia to sample, study, and publish. I would imagine they would find the tax angles fairly stationary, and the arbitrage-program-trading a mess to unravel with a basket of factors to deal with. Time to chuck any linear models... Best regards, m