Zeev's Turnips Patch-No Politics (ZEEV)

[dave_s]

>>> John Hussman reports that specialist short sales as a percent of total NYSE short sales have posted their lowest reading since 1996 <<<

The specialists are usually right, but often timing is suspect. Reports are late and also the specialists can change several months before a big move or they just made a tactical reallocation that is over before the data is published.