I don't know where you have this information from.
I can only repeat that according to my newspaper the short positions on the NYSE is currently 3.83 (5 year high is 7.2 and 5 year low is 3.46). So it's close to the 5 year low.
BTW: The short position on sep 6 was >4.8, since that time the short positions get reduced. If you want to take this an indicator then it would says the market goes UP.

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Siehe auch unter http://www.siliconinvestor.com/insight/contrarian/ vom 3.11.
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That ain't no rounding error... One item of interest was the Commitment of Traders Report from the Commodity Futures Trading Commission, which showed that the Commercials are now short almost 70,000 S&P contracts -- another world record. That, I assure you, is not bullish.
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