RE:RE:Shorts on winning sidethe short volumes and short positions used to be more meaningful a decade or two ago, when trading was less automated; now with algos runing most of the volume, short positions have become meaningless as a measure of sentiment, mostly; that's what makes algo trading dangerous to the whole market concept and that's why the volatility; barely two decades ago, if DOW moved 1% in a day, the world was ending ... nowadays, these types of moves are the norm, almost... all because of algos
from where I sit, success to active investing these days, for a retail investor, lies in figuring out A) what feeds the algos B) do the fundamentals correlate C) have patience enough to wait for pivot points where algos react to changes in feed .... IMO strictly fundamental investing is much less profitable than it used to be, and buy-and-hold certainly no longer works in many sectors (if it ever has)