http://www.cftc.gov/...es/deacmesf.htm
commercials got more bullish last week
Started by
gannman
, Feb 15 2009 07:48 AM
3 replies to this topic
#1
gannman
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Posted 15 February 2009 - 07:48 AM
feeling mellow with the yellow metal
#2
gorydog
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Posted 15 February 2009 - 10:17 AM
Assuming this is an indicator of smart & dumb money positioning, also look at the smart money/dumb money confidence indicator at sentiment trader. This has been very good at calling turns. You can see at least 3 times in the last several years the indicators have been in a similar position (trends and levels considered). It's a subscription site, so I can't post it here unless I ask for permission.
GD
#3
The End
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Posted 15 February 2009 - 11:40 AM
The Commercials are still net short by a bunch.
Small speculators are still 70% to the call side.
http://www.softwaren...t/charts/SP.png
Small speculators are still 70% to the call side.
http://www.softwaren...t/charts/SP.png
Edited by The End, 15 February 2009 - 11:42 AM.
NONE of what I type should be taken as financial advice.
#4
Will
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Posted 15 February 2009 - 06:35 PM
commercials got more bullish last week
commercials got more bullish last weekhttp://www.cftc.gov/dea/futures/deacmesf.htm
LOL. Thats like looking at one weekly up candle in a multi year chart and predicting a bullish move.
COT doesn't give many signals but we have one of the strongest ones right now and it is bearish for the market.
