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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (6365)	1/11/2002 4:12:02 PM
From: Louis V. Lambrecht	Respond to of 36161

vt - coincidence Gold futures broke the 281-283 mark as butter the next session after the deadline for the CoT. Just the day after? There must be a reason. Maybe a roll-over to further contracts, apparently at higher prices. In this case, I would agree with you that shorts entually are even shorter now after the price rise. Most certainly something other I have no idea of. Gold: comm net short roughly 20% of total o/i (shorts incresed 9.5k on 113k o/i) Silver: comm shorts roughly 2/3 of total o/i (shorts increased 11k on 67k o/i !!!) this should spell GET OUT. Or do the comms indeed hedge on far higher prices than I can imagine. Or do they start panicing? Or should I start panicing and take all my chips from the table?