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Message: Short interest drops again....

Down to 144,700 from 179,100.....similar in number to the last drop, but a bigger percentage.

My takeaway, they're nibbling away but being careful not to attract too much (or any) attention.

Its too early to speculate where the number will be when the next update comes out mid month....but I'm more convinced than ever that the short selling we've seen lately is the work of smart money types looking to accumulate a significant line.

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