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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: skinowski who wrote (7774)7/16/2008 10:47:26 AM
From: ItsAllCyclical  Read Replies (1) of 41469
 
I wouldn't make too much out of the COTs. The commercials are not always the smart money. They also consists of end users who have become scared sh*tless and were probably hedging here as sentiment wise there's little difference between 144 and 160+. Airlines that weren't hedged prior probably bought (hedged) near the top. Just my guess of course. Glad we're on the same page here overall.
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