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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (63546)6/13/2006 2:15:14 PM
From: orkrious  Read Replies (1) of 110194
 
Date: Tue Jun 13 2006 13:42
trotsky (@COMEX) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
this sell-off sure looks like overkill - the net speculative long position must be decimated by now. according to Santelli today's plunge was mostly retail traders getting forced out. the gross non-reportable position was still over 50K contracts last week - probably whittled down considerably as of today.
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