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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (56874)11/3/1998 10:50:00 AM
From: PnclNk  Respond to of 58727
 
LG,
<<Yes! They are in control!>>

I know, but what do you make of the lack of shorts at the July peak and high short levels during times directly preceding market runups? Inquiring minds want to know!

BTW - Fleckenstein says the current specialist short level is highest since just before '87 drop. Can't confirm this as Market Gauge chart does not go back that far.

Pencil Neck