A high ratio of specialists' short sales to total short sales would be viewed
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A. B. C. D.A
Technical analysts trying to follow the "smart money" sometimes use the proportion of specialists' short sales to total short sales as a market indicator. If the ratio is high, specialists are seen as trying to profit from upcoming market declines. If the ratio is low, specialists are seen as trying to minimize their participation in short sales in expectation of a rising market.