Don't forget your hat and too bad most of the fuel for the equity rally has just about been spent as shown in the chart below. Also, it looks like we still have a little bit of stuffing left over from the recent Canadian Thanksgiving.

Cheers - VHF

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B.I.G.

Ocotober 14, 2009

Last Friday, short interest figures for the end of September were released, and once again they showed declines. The average short interest as a percentage of float for companies in the S&P 1500 was 6.4%. This is now lower than any other point since at least the start of 2007. As shown in the chart, bets against the market have declined considerably since their peaks in 2008.