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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Joan Osland Graffius who wrote (25767)12/8/2001 11:06:06 AM
From: Square_Dealings  Read Replies (1) of 52237
 
Looking closer at the commitments of traders report this week it doesn't show commercial short positions increasing like I thought. So I think Im wrong about SA mines selling forward.

Commercials reduced both long and short positions, but since they took off more longs than shorts it leaves it slightly net short. I think there is more a lack of interest than anything else with the stock market ramping.

The current position is 2500 contracts net short which is about $68 M worth. For comparison CSCO traded $396 Bln in stock yesterday alone.

M.
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