Anyone have an analysis they would like to share?
Cot Report.
Started by
jjc
, Jun 22 2007 02:18 PM
6 replies to this topic
#2
espresso
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Posted 22 June 2007 - 02:37 PM
Big downloads on the emini meaning some kind of less speculation
Large contracts more long
Correction plausible but long term not hope yet for da bears...
jmho
Spesi FF
#3
gorydog
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Posted 22 June 2007 - 02:43 PM
It just came out at 3:30pm est. Quick look shows commercials lightened positions quite a bit evenly across the board. Overall, a bit more bearish than the overwhelming bullish results of the last few weeks. Still huge disparity in the Russell 2K, commercial really long, rest mostly short. Not a sea change overall.Anyone have an analysis they would like to share?
GD
#4
qqqqtrdr
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Posted 22 June 2007 - 02:59 PM
Sure.... CBOE Put/Call Ratio 10-day average around 1. This usually indicates we are not going to have a big sell-off. But sentiment is still a little more Bullish in Nature than bearish on a three week average.
TA analysis is tough at the moment, but we should head higher here. The amount of cash in the Rydex Funds have increased dramatically, over the last three weeks. This usually happens closer to a bottom rather than a top. I'm staying long here.......
Barry
#5
jjc
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Posted 22 June 2007 - 03:10 PM
Thx guys.It just came out at 3:30pm est. Quick look shows commercials lightened positions quite a bit evenly across the board. Overall, a bit more bearish than the overwhelming bullish results of the last few weeks. Still huge disparity in the Russell 2K, commercial really long, rest mostly short. Not a sea change overall.Anyone have an analysis they would like to share?
GD
#6
jmicou
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#7
Vector
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Posted 22 June 2007 - 08:42 PM
COT $weighted stochcastic at sentimentrader is once again off the charts bullish for the market so once this obligatory well-anticipated 4(.5) yr cycle low is behind us its launch time yet again.
bears just never seem to get a break - "jeez" 
the NDX:SPX is behaving bullishly too so its real hard to get all worked up here on the bear side, at least for me, especially in light of the fact that even if there were a decline it would last for all of about a few weeks then become a distant memory once again. Just like last Summer's crash that was to end the capital markets as we know them..."same old fears/wish you were here"
the NDX:SPX is behaving bullishly too so its real hard to get all worked up here on the bear side, at least for me, especially in light of the fact that even if there were a decline it would last for all of about a few weeks then become a distant memory once again. Just like last Summer's crash that was to end the capital markets as we know them..."same old fears/wish you were here"
Edited by Vector, 22 June 2007 - 08:45 PM.
