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#1 Tor

Tor

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Posted 02 April 2007 - 03:43 PM

Any thought on this??? I spotted it. large speculators remain deep in a crowded short position at -13bn, it should see a rally to -9bn notional.
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#2 Long/Short Funds

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Posted 02 April 2007 - 03:56 PM

Sounds like a big short covering rally might be just around the corner :blush:
Just an "Old Retired Fart" trying to keep my IRA invested with the market direction.

#3 kc135a

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Posted 02 April 2007 - 04:39 PM

Any thought on this???

I spotted it.

large speculators remain deep in a crowded short position at -13bn, it should see a rally to -9bn notional.


That is what I saw in the Q's before the late February drop off. There were over 1 million out of the money March put contracts at 43, 44, and 45.

Boy were those guys dumb. They only made 600+% in less that two weeks!!!!!

KC

Any thought on this???

I spotted it.

large speculators remain deep in a crowded short position at -13bn, it should see a rally to -9bn notional.


What symbol you looking at?

I pulled up the RUT and did not see anything extreme. A bunch of calls in the lower 800's and a lesser amount of puts near 740 but not enough to imply extreme positions.

KC