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Strategies & Market Trends : Classic TA Workplace
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To: mishedlo who wrote (71697)4/19/2003 8:50:59 PM
From: Shack  Read Replies (3) of 209892
 
I'm not sure I would entirely agree with that synopsis Mike. To me it looks like they went short last year around the July 24 low and stayed short through the ramp into August. They did appear to do OK late last year/early this year.

But their positions in those cases were fairly small compared to what we are seeing now. The small spec long position in this contract has absolutely taken off and is about as extreme as can be. As Heinz said, that's gotta mean something.
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