7 replies to this topic

[rramslan]

QID volume 5,909,553 QLD volume 455,100 SDS volume 1,668,865 SSO volume 122,500 DXD volume 263,606 DDM volume 49,400 MZZ volume 211,400 MVV volume 45,500 Any bullish or bearish interpretations on why the bearish volume is 13 to 14 times greater on the major untrashorts and about 5 times greater on the minor ones?

[pedro]

QID volume 5,909,553 QLD volume 455,100 SDS volume 1,668,865 SSO volume 122,500 DXD volume 263,606 DDM volume 49,400 MZZ volume 211,400 MVV volume 45,500 Any bullish or bearish interpretations on why the bearish volume is 13 to 14 times greater on the major untrashorts and about 5 times greater on the minor ones?

I suspect the very heavy short volumes are due to people using them to hedge long positions on individual issues they think will outperform.

[S.I.M.O.N.]

QID volume 5,909,553 QLD volume 455,100 SDS volume 1,668,865 SSO volume 122,500 DXD volume 263,606 DDM volume 49,400 MZZ volume 211,400 MVV volume 45,500 Any bullish or bearish interpretations on why the bearish volume is 13 to 14 times greater on the major untrashorts and about 5 times greater on the minor ones?

my take is that its easier for bears to use these funds then borrow stock and/or pay margin interest when they choose to leverage.

[HiFiGuy]

QID volume 5,909,553 QLD volume 455,100 SDS volume 1,668,865 SSO volume 122,500 DXD volume 263,606 DDM volume 49,400 MZZ volume 211,400 MVV volume 45,500 Any bullish or bearish interpretations on why the bearish volume is 13 to 14 times greater on the major untrashorts and about 5 times greater on the minor ones?

It's easier to go long an inverse ETF than to go short as sometimes stocks/etf's are not available to borrow. Also, there are many ways to go long the market, but few to go short, even leveraged short, particularly in retirement accounts.

It's not at all surprising to me that volumes in these few short ETFs would be higher than their long cousins. I'm sure that will always be the case, in both bull and bear markets.

[selecto]

I have also noticed - basis % gain - that intraday there can be a marked difference between being long QID and short QLD. (for instance) This needs to be investigated.

[raleigh]

QID etc was mentioned by a guest on cnbc today.

[SemiBizz]

It shows you what the market is made out of on a short term basis. Bottom line the TRADERS are not betting LONG. So who's a bull then? Da BAGHOLDERS. Oh, but a lot of them are hedging their bets using guess what vehicles? QID, for one.

Edited by SemiBizz, 15 March 2007 - 01:33 PM.

[vitaminm]

The performance matches upto 4weeks. May be volume related to % gain/loss for 3m and 6months?

http://www.investert...w...y=&vwtype=2