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Headline says: Record short in June


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#1 Mtrader

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Posted 22 June 2007 - 12:53 PM

Is this misinformation? I see Rydex players have been loosing money: cumulative cash flow has been down, market is in record high. Rydex Bull/Bear ratio still 0.71 almost at the low end. Does this constitute an ABANDON by the BEARS? comment appreciated.
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#2 tommyt

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Posted 22 June 2007 - 01:40 PM

a breakdown of the number is required...just the line "record" short is very deceiving...with all the "deals" going on, there is a huge amount of arb shorting...and all the ETF/arb games going on, the same thing...the surface number is hardly whats really short the mkt...I am not smart enough to figure it out.