Tuesday, February 13, 2007


Odd-lot shorts, a great contrary indicator of stocks, just exceeded the normal range. This is good for the S&P. This graph is from wallstreetcourier.com.

3 comments:

Anonymous said...

The yield curve has been flat/inverted for what seems a very long time. Is this normal?..I mean, when it is inverted, is it usually for this long, or is the current yield curve situation abnorally long? Just curious.

InvestorX

tommyB said...

Defining inversion to mean a negative 10-year to 3-month differential using monthly data:

The last 3 inversion periods:
10 months: Nov 80 to Aug 81
5 months: Aug 2000 to Dec 2000
6 months (and counting): from Aug 2006

Deborah said...

Great data, Tommy! Deb