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Post# of 704049
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Joe Stocks

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Joe Stocks

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Re: Bearmove post# 404388

Monday, 06/27/2005 8:30:50 AM

Monday, June 27, 2005 8:30:50 AM

Post# of 704049
Bearmove. In my opinion short interest represents longer term sentiment of commercial investors. I agree with ogm that 'short term traders' have been shaken out with the recent parabolic move from early May. Bulls on the other hand tend be more complacent in hanging on to their postions in a down turn. This downturn was swift and the severity caught many off guard.

Joe

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