NYSE Short Interest Nears Record, Pre-Lehman Level | Zero Hedge

From Tyler Durden:

In the last two months, NYSE Short Interest has risen 4.5%, back over 18 billion shares near the historical record highs of July 2008 (and up 7 of the last 9 months). There are two very different perspectives one could take when looking at this data….

Either a central bank intervenes, or a massive forced buy-in event occurs, and unleashes the mother of all short squeezes, sending the S&P500 to new all time highs, or….

Just as the record short interest in July 2008 correctly predicted the biggest financial crisis in history and all those shorts covered at a huge profit, so another historic market collapse is just around the corner.

Else the S&P 500 oscillates between 2100 and 1800 for most of the year…. and the shorts keep climbing.

Source: NYSE Short Interest Nears Record, Pre-Lehman Level | Zero Hedge

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