02-02-2013, 12:38 AM
The highest odd lot short sales to total odd lot sales usually occurs right after major market bottoms usually happen, where the market has an initial rallyy higher, then rolls over. That's the rollover point where maximum wall street pessimism causes the biggest rush into the highest odd lot short sales, expecting the worst. That combined with "buyers on balance" used to be very effective on spotting the real bottoms

