Monday, September 14, 2009

Shorting the rally

From Data Explorers - a chart showing short interest in the SPDR S&P 500 ETF vs its price per share.

The amount of the fund’s shares on loan, a useful proxy for wider US short interest, has increased by 24 per cent since September 7th.

Data Explorers short interest chart
Shorting this rally is a dangerous game, and luckless bears could require a visit tohere, or even here.
Wounded Pudsey Bear - BBC Children In Need
Related links:
Bonfire of the bears - Yell edition - FT Alphaville
VW investors forget the pain of burnt fingers - FT Alphaville

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