News Focus
News Focus
Followers 61
Posts 3687
Boards Moderated 0
Alias Born 02/01/2010

Re: kuwlness post# 21909

Monday, 08/09/2010 8:47:07 PM

Monday, August 09, 2010 8:47:07 PM

Post# of 35802

I look at the low % Short as another good thing. First, check the Chi-Osc on the chart, Chi-Osc is MM activity. Chi-Osc is down significantly which means they're selling inventory they bought on the way up. They're doing this for a reason, to instill fear ... now add that to the low Finra Data and it makes perfect sense -- THEY'RE RUNNING OUT OF SHARES TO SHORT, so they dump their on-hand inventory in hopes of finding sellers.



this makes a lot of sense.... thanks Kuwl