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Re: Vileika post# 185

Wednesday, 12/02/2015 9:46:53 AM

Wednesday, December 02, 2015 9:46:53 AM

Post# of 710
yeah. it's confusing but it's important to realize "short volume" is not necessarily (and most times it isn't) people shorting the stock.

if you don't have a position and you buy that's long volume
if you don't have a position and you sell, that's short volume
if you're long, and you sell that's short volume as well
if you're short, and you buy to close, that's also long volume.

so short volume isn't actually people shorting, it's people (taking the initiative to) selling, which is a different thing altogether. it doesn't give any indication to how many people are actually short.

if you browse through that file for every ticker you'll notice short/long volume is pretty much 50/50 most of the time, which obviously makes sense.

why this is so complicated, read: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57101068