The Shorts Have Capitulated

August 27, 2009 at 10:35 am  ·  Category: Market Commentary, Sentiment Analysis, Technical Analysis

sp-1500-short-interest

(Source: “Missing In Action: Short Sellers”, BeSpoke Investment Group, August 26)

This is bearish because there is not much potential buy to cover demand to push up shares and there is a lot of room for more shorts to enter the market by selling.

Posted by Greg Feirman  ·  Trackback URL  ·  Link
 

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