as a follow-up to the recent “…Fear No Evil” post, the nasdaq just released the latest bi-monthly short interest data after the close today & the last data only confirms the lack of fear in the market, regardless of the rhetoric and disinformation spewed about by the mainstream media about how there are too many bears in the market right now. QQQ short interest has reached a new multi-year low as of the latest reporting period (7/13/12) and is less than half of where it was this time last year a mere two weeks before it began a 17%, nearly vertical plunge.
