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To: sun-tzu who wrote (140849)12/29/2001 1:56:58 PM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
COT chart for NG going back to 1999:

geocities.com

Comercials were horribly blindsided.



To: sun-tzu who wrote (140849)12/29/2001 8:31:15 PM
From: Moominoid  Respond to of 436258
 
The way I interpret these numbers is that the commercials hedge their long position to varying degrees with short futures. The speculators have to take up the other side - all the numbers have to sum to zero. When the commercials reduce their hedge that means they are bullish and vice versa. So right now they are getting bullish.


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