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Strategies & Market Trends : The Ego Forum
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To: hubris33 who wrote (11923)3/14/2013 9:40:25 AM
From: hubris331 Recommendation   of 12175
 
London took the lead in smacking POG down this AM - once Asia closed. TOCOM saw a small drop in OI from 132,342 to 131,918 (-0.3%). Waiting to see how COT handled yesterday's drop. We had been seeing COT expand as the price consolidated and normally that is a positive sign. But a gain in OI as POG declines was recently a sign of the shorts piling on. So we'll see.
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