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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: IceShark who wrote (3403)7/12/2000 5:09:36 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
possibly some negative surprise is lurking. might be PPI/CPI (as unlikely as that sounds with those BLS statistics rapists), or an upcoming negative earnings surprise. we have a big cycle turn date scheduled for July 16, which coincides with PPI...and the commercials are still net short a record number of spoos, with the small traders accounting for the biggest net long position.

it would be a surprise to see the small traders on the right side of this trade.
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