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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject11/16/2001 3:28:52 PM
From: gold$10k  Read Replies (2) of 36161
 
A nice move in the gold COTs as the commercials' net short position was reduced from 35.4k to 23.6k contracts in a period when the POG dropped only $2.50 from $279.50 to $277.00. I would expect that the drop in POG since Tuesday would have reduced their short position even further.

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