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The latest figure is the largest short-interest total since 16.17 billion shares were shorted in March 2009.

That, of course, was the month stock prices bottomed after the crash of late-2008 and early-2009. As it turned out, it was exactly the wrong time to be betting on a further drop in prices. On the Nasdaq market, short interest rose to 7.86 billion shares as of Sept. 15, up 4.2% from the end of August and www credit reports Austin the highest since September 2010, when the market began to surge after www credit reports Austin slumping for much of that summer.

In a short sale, a trader borrows stock (usually from a brokerage’s inventory) and sells it in the open www credit reports Austin market. The bet is that the market price of the stock eventually will drop, allowing the seller to buy shares at a lower price, repay the borrowed stock, and pocket the difference between the sale price and the repurchase price. If, however, the stock’s market price rises instead of falling after the short sale, the seller will be in the red -- and his losses will mount until he closes out the transaction by replacing the borrowed shares. my credit report free

That’s one reason why a jump in short selling often is viewed as a contrarian indicator for the market, meaning a sign that share prices may be nearing a bottom: If stocks begin to rally, short sellers can help feed the turnaround if they rush to buy shares to replace what they’ve borrowed. After reaching 16.17 billion shares in March 2009, NYSE short interest tumbled to 13.52 billion shares by the end of September of that year, as the Dow Jones industrial average rallied from its low of 6,547 in March to 9,712 by Sept. Rising pessimism among market newsletter editors also is viewed as a contrarian indicator. Two weeks ago the newsletters were more bearish on stocks than at anytime since March 2009. That didnt stop the Dow from tumbling again last week, but the market has been able to stay above its early-August lows. on line credit reports

Stocks rally on hopes for solution in Europe Treasury bond interest rates jump for a second day Buy signal?

Market newsletters most bearish since 2009 There are many differences between WarrenBuffett’s company and most others -– starting, of course, with its outsized success.

announced Monday that it will buy back stock simply because Buffett thinks it’s cheap. Berkshire said it will acquire an undisclosed amount of www credit reports Austin stock, provided that the purchase price www credit reports Austin is within 10% of book value and that the companys cash holdings exceed $20 billion. The buyback will apply to Berkshires A and B shares, and will “continue indefinitely,” the company said in a statement. Its book value is now about $98,700 a share, according to Bloomberg. Berkshire’s Class A shares surged $8,129, www credit reports Austin or 8.1%, to $108,449.

The stock closed at a 52-week low of exactly $100,000 on Thursday. Both share classes are down 10% for the year, compared with www credit reports Austin a 7.5% decline for the Standard & Poor’s 500 index. on line free credit report

Stock buybacks www credit reports Austin among big companies have increased the last two years, and topped $100 billion in the second quarter for the first time since early 2008, www credit reports Austin according to Standard & Poors. The $109.2 billion total was up 22% from the first quarter and 41% from a year ago.

Rather than gobbling up sharesbecause they have fallen to irresistable lows, many companies are doing so primarily to offset the effect of employee stock options, according to S&P. When companies issue options, they need to buy back an equal number of shares to prevent their total number of shares from rising.