SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SE who wrote (5992)7/18/2000 12:36:56 PM
From: Patrick Slevin  Read Replies (1) of 7434
 
Another issue I forgot to mention about the COT,

If you consider that report was as of the Close on Friday July 7 or 1494.70 then the Large Hedgers were down as much as 39 SP0U points as of yesterday's High. Certainly far more when you consider their Short was built up over a period of several weeks at least.

I do not know about you, but I would not wish to sustain such a drawdown. Fleckenstein is more long term oriented, evidently. But that should illustrate that the reason they are Short Futures is merely to arb a Long position in Cash.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News