Zeev's Turnips Patch-No Politics (ZEEV)

[ogm]

For individual stocks high short interest has never been a good indicator of upside, quite the opposite. So if a lot of individual stocks are attracting high short interest, which may be the driver of the totals, then I wouldn't consider it exactly good news. However even the total numbers, in relation to the market outstanding float are miniscule.
But that statement that I made comes mostly from reading a lot of different mesage boards, where bears have been in a state of depression borderline capitulation during this run up. Beleive me, not many have caught this drop.
And bulls have been complacent for years.

http://www.ttrader.com/mycharts/display.php?p=34800&u=ogm&a=OGM's%20Charts%20of%20Doom&i....