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Strategies & Market Trends : Strictly: Drilling II

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To: Crimson Ghost who wrote (10312)4/1/2002 6:41:25 PM
From: Square_Dealings   of 36161
 
It looks like there's not many people taking delivery so far in April. A couple weeks ago open interest was over 72k contracts in April and today its down to around 2k.

The other side of the large increase in commercial shorts last week was made up by small speculators.

Not good imo.

M.
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