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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (2003)6/4/2000 11:42:00 PM
From: Arial  Read Replies (2) | Respond to of 33421
 
GZ, here's another reason to be suspicious:

commitmentsoftraders.com

Instead of being long 38,000 contracts (like they were at the October '98 low), the S&P commercials are currently SHORT almost 38,000 (a 180 reversal and a 5 year record!). There is an 84 calendar day cycle high due on June 16th (if it is still in force).