The Ego Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Ego Forum

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hubris33 who wrote (11800)	2/19/2013 11:44:37 AM
From: hubris33	1 Recommendation Read Replies (1) of 12175

COT D@MN SAM!!!!!!! ....................... ........................... ................... I dunno, maybe this isn't significant at all and just an imagination of a gold bug? Friday, while POG was tanking some -$26.00 and investors were vomiting up PM shares, the Over All (OA) Open Interest did NOT decline, rather it added a modest 854 contracts! Huh? Why aren't investors running from a burning building? Are they crazy? As I pointed out Friday's volume was a large 283,225. Admittedly noting like Novemeber's 486K volume high - but that was when POG tanked 23.50 and OI gave back -27,236 contracts [closing out the Dec front month positions.] So what happened? Apr OI added 3480 of OI and Jun added 256. The main offsetting drops were Aug -747 and Dec -1875, looks like a few LT specs got washed out. ST players appear to be the reason for COT's resiliency here. Here's the chart - definite divergence here, something has to break.... one way or another.....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next