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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject2/7/2003 8:32:17 PM
From: The Freep  Read Replies (2) of 209892
 
What up with those commercial traders? Look at that huge shift in the S+P E-mini. A swing of 80K more long there (though 4K less long on the big contract). Still, that's a big shift towards less short.

They got less short the NDX, too. In fact, if my math is right, using the mini and full combined, they are net LONG the NDX by about 200 contracts.

cftc.gov

Either they believe in the 'C' up, or they are slowly swinging around for the eventual next good bottom or they are as confused as the rest of us.

I have a hint, however: we reverse Monday, cuz I'll be in transit coming home from Vegas and unable to watch.

the freep, who still wants the market to prove itself to him, one way or the other.
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