Did you see the latest COT Report? BULLISH
S&P 500 STOCK INDEX - CHICAGO MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 01/20/04 |
-------------------------------------------------------------| NONREPORTABLE
NON-COMMERCIAL | COMMERCIAL | TOTAL | POSITIONS
--------------------------|----------------|-----------------|----------------
LONG | SHORT |SPREADING| LONG | SHORT | LONG | SHORT | LONG | SHORT
------------------------------------------------------------------------------
(S&P 500 INDEX X $250.00) OPEN INTEREST: 624,231
COMMITMENTS
56,317 111,843 4,672 422,135 407,626 483,124 524,141 141,107 100,090
CHANGES FROM 01/13/04 (CHANGE IN OPEN INTEREST: 10,305)
1,195 4,038 483 16,577 -3,735 18,255 786 -7,950 9,519
PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
9.0 17.9 0.7 67.6 65.3 77.4 84.0 22.6 16.0
NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS: 180)
28 26 16 98 63 137 94
The 'commodity futures traders smart money' a little late to
this party relative to the monstrous accumulation binge of
the 'smart money NYSE stock boyz' as measured by the NYSE Net
Balance Index.
Many mocked and few listened throughout my reporting of the
NYSE Members Net Balance Index numbers in 2002 and 2003.
It ain't no joke NO MORE.
Best Regards, JT |
