Friday, September 29, 2006


Short positions on the Nasdaq peaked in mid-Sept. according to the WSJ's monthly report. Extremes in this data usually point to market advances.

3 comments:

Deborah said...

This report was in the Wed., Sept. 27 edition.

Anonymous said...

Deborah, The yield curve is still inverted. Awhile back you said you weren't too concerned about this as quality credit spreads were still small. Is this still true and is there any website you know that charts the credit spread? Thanks.

Deborah said...

Dear Anonymous,

Yes, it is still true that I am comfortable with the status of quality spreads. They are not getting wider at a rapid rate.

You can find information in the Wall St. Journal: subtract the 10-yr. from the High Yield Index in the Credit Column.

All my best,
Deb