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 : Classic TA Workplace

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: patron_anejo_por_favor who wrote (35447)3/29/2002 6:38:18 PM
From: High Country Trader  Read Replies (1) of 209892
 
Like any indicator the proponents of the COT can point to its successes while the opponents can point to its failures.
I don't recall March 2000 as a turning point though. But I vividly recall May 2000 where for the first time in many a moon the large specs went net long (and stayed there for a record time) while the commercials went net short and the public net long. In fact, since the inception of the COT for the S&P in 1982, I can't recall many more negative periods like May 2000. So what happens? We get a huge stock marker rally that lasted until the end of August. Not what the COT gurus were predicting. In the end though all that counts is how much actual wealth we accumulate over time from our trading efforts. If some think the COT can help them achieve their trading goals, more power to them.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext