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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: mishedlo who wrote (236405)4/19/2003 12:49:53 AM
From: ild  Read Replies (1) of 436258
 
non-reportable are small speculators.

EDIT:

The C.O.T. report breaks down by open interest large trader positions into "Commercial" and "Non-Commercial" categories. Commercial traders are required to register with the CFTC by showing a related cash business for which futures are used as a hedge. The Non-Commercial category is comprised of large speculators--namely the commodity funds. The balance of open interest is qualified under the "Non-reportable" classification that includes both small commercial hedgers and small speculators.
jimwyckoff.com
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